Last year£10.7m (28%) of Pinewood Shepperton's turnover was classed as TV and sound services, a figure that chief executive Ivan Dunleavy is keen to increase. "We have always had a strategy of wanting to host more TV productions - as seen by the acquisition of Teddington - and we'd like to build on that. There's no upper limit," Dunleavy told Broadcast. He added that Pinewood's Theatre 2 had now been upgraded into a purpose-built TV post-production facility.
But so far TV bookings for 2005 are£1m down on 2004 at£5m. Interim results showed turnover for the first six months of 2005 down to£13.3m compared with£20.5m in 2004, which Dunleavy blamed on uncertainty over tax breaks and the poor exchange rate with the dollar.