Minister looks ahead to Pinewood rewards

Friday, 28 December 2012 00:00

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)

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