The government of the Isle of Man
is to acquire a stake of up to 19.9% in Pinewood Shepperton Studios for £24m.
Part of the deal would see Pinewood, home to productions including Wrath of the Titans and the new James Bond
, take on the the role of adviser for the Isle of Man’s £25m film and TV investment fund for an initial five year period.
The Isle of Man has been active in film and television production since 1995, investing £170m in 97 productions.
Among recent films made on the Isle of Man are Richard Linklater’s Me and Orson Welles, The Disappearance of Alice Creed, directed by J Blakeson, and the 3D documentary TT3D: Closer to the Edge about the annual motorcycle race on the island.