James Bond pandemic covid-19 reports James Bond

James Bond, Marvel Soundstage Owner Pinewood Group Posts Pandemic Turnover of $125 Million

Reading now: 979
variety.com

K.J. Yossman Pinewood Group, which runs Pinewood and Shepperton Studios — home to recent blockbusters including “No Time to Die,” “Black Widow” and “Cruella” — has posted a £102.9 million ($125 million) turnover for the financial year ending March 31, 2022.That’s a £6 million increase on the previous year despite the fact that for much of 2021 the COVID-19 pandemic was still having an impact via social distancing, mandatory self-isolation and lockdowns.

Despite this, the U.K. has experienced a production boom since shooting started back up in July 2020 following the implementation of COVID-19 protocols.The 60-page financial report, filed at U.K.

companies registrar Companies House earlier this week, states that “The Group has operated at full capacity throughout the year,” which ran from March 2021-2022.

In terms of profit, those revenues translated into £63.6 million gross profit — up on £3.1 million the previous year — and a net profit of £31.3 million, which is slightly down from £33.7 million the previous year.

Read more on variety.com
The website celebsbar.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA