Council-backed Norwich TV studio Epic is in talks with potential buyers, the boss of the facility today revealed.

Simon Coward, managing director at Epic, told Broadcast that “detailed discussions” were taking place with a handful of interested parties.

The facility, which includes a 450 seat TV studio, two smaller studios and five Final Cut Pro editing suites, was bought from ITV by Norfolk County Council for £1.2m in 2007.

Coward said that he hoped to have the future of the facility resolved by the second quarter of next year.

“It could be a consortium or private sector individual, or a party that wants to work with other players to take on Epic in variety of possibilities,” he said, adding that “all options are on the table”.

“The key thing for me is that we look at all options. We need to maintain the vision of Epic, which is to incubate startups, work with skills providers and we also need to look at ways to sweat the assets in terms of studios and dubbing facilities.”