The Treasury Minister says he is confident he’s made the right decision in investing in Pinewood Studios.
Eddie Teare believes the Island should now look forward to reaping the rewards of the partnership which will see Pinewood Shepperton manage the £25million media development fund.
Pinewood is set to play a part in several joint film productions in the next year and has recently signed an agreement with Camelot over the National Lottery programme.
On the back of this Mr Teare says the Island is set to benefit both as a shareholders and through investments via the media development fund.
He's resolute the right decision was made:
(PLAY AUDIO ABOVE)
Government issues bird flu warning after infected buzzard found
Will new UK law be brought in to protect Manx renters from mould?
Local Economy Forum launched to propose alternative to 'destructive' min wage increase
Group raising money towards legal costs for new Summerland inquest
Police appeal after Manx stone wall damaged
MHK wants to see all private healthcare reports
Let’s make Hop Tu Naa a boo-tiful night for all, say police
Hose under the hammer, your chance to drive home a real fire engine!
