Business
ITV Agrees Move to MediaCityU
ITV Agrees Move to MediaCityU.
About this update from Itv Plc
[{"type":"text","content":"\n RNS Number : 0859Y ITV PLC 16 December 2010 \n \n\nITV plc\n \n \n16 December 2010\n \n \nITV AGREES MOVE TO MEDIACITYUK \n- NEW PRODUCTION COMPLEX FOR CORONATION STREET -\n \nITV has reinforced its commitment to production in the north west after agreeing terms with Peel Media Ltd to move the company's Manchester base to MediaCityUK in Salford Quays in 2012.\n \nAdam Crozier, Chief Executive ITV plc, said: \"It's terrific news for ITV and all of our people based in Manchester that we have agreed this deal with Peel Media Ltd. This continues our long and successful relationship with the region which has played such a key part in ITV's heritage as a programme maker. \n \n\"ITV is already one of the UK's biggest investors in original content and as we progress our Transformation Plan which is focused on growing our national and international production and broadcasting business, it is vital that we have a modern, fit-for-purpose, creative hub outside of London. \n \n\"Coronation Street is an incredible brand and as we celebrate its 50th anniversary, it's fantastic news that we are able to invest in the construction of a modern production centre to ensure that the nation's best loved soap remains at the top of its game for another half a century.\" \n \nJohn Whittaker, chairman, The Peel Group, said: \"ITV is an outstanding international brand producing a fantastic range of popular programmes and I am delighted it has taken a strategic decision to move to MediaCityUK. This is a landmark deal for both MediaCityUK and The Peel Group, and is critical in helping to deliver the long-term vision that we share with all our partners.\" \n \nITV is set to build a bespoke production and studio centre for Coronation Street. The stand alone facility, which will be subject to a long-term lease, would be built by ITV on a 7.7 acre site at Trafford Wharf, adjacent to the Imperial War Museum North and accessed by a new bridge across the waterway to the main MediaCityUK complex.\n \nA dedicated site has also been earmarked for ITV across several floors within MediaCityUK's Orange Building, providing modern accommodation equipped with the latest technology for ITV Studios' production and management teams, ITV regional news, and support staff from acro...