[ login or create an account ]
|
Lower Hutt will become a vital link in the creation of film and television projects with the local purchase of Avalon Studios as an operational studio, says Mayor Ray Wallace.
The studios have been purchased from TVNZ by Avalon Holdings Ltd, a consortium headed by businessman John Feast and two Avalon staff members who each hold a minority shareholding.
"We are delighted with the outcome as we have fought hard to keep the studios as a working studio here in Lower Hutt," says Mayor Ray Wallace.
"There has been months of speculation about the future of Avalon and at one stage we feared it would be converted into office blocks or industrial use.
"We have lobbied hard through various channels among the Minister of Broadcasting, TVNZ itself, and hosting film companies to assess the potential of Avalon for future projects - among them interests from China and India.
"We see this as a significant opportunity to attract major film and television interests to the city as we build on existing strengths across the Wellington Region.
"The new consortium will endeavour to retain some of the existing staff.
"This confidence in the future of Avalon Studios is a big boost for Lower Hutt and offers potential to encourage young people to develop new skills in film and television. "Avalon is another high profile world class facility that is located here in Lower Hutt along with international companies and science - based industry where people are living local and trading globally.
"Lower Hutt is a city with lots of appeal and is attracting young families and professionals looking for a mix of opportunities for local jobs, recreation, and good education for their children within close knit communities.
"Avalon is a good example of local enterprise and investment for future growth and development in the area of film and television," the Mayor says.
Popular competitions and giveaways from Gimme.co.nz: NZ's People Powered Guide to Free Stuff. Links will open on Gimme.
Health Tips, Recommended Movies, Recommended Books, Recommended Places.
Links will open on recommended.co.nz.
All articles and comments on Voxy.co.nz have been submitted by our community of users. Please notify us through our contact form if you believe an item on this site breaches our community guidelines.
The latest money guides from authoritative New Zealand sources: Investing, KiwiSaver & Saving, Managing Money, Home Loans, Credit Cards, Tax.
Links will take you to guide2.co.nz.
Compare Credit Cards - Interest rate and fees comparisons for New Zealand banks.