VM
http://www.guardian.co.uk/media/2013/jan/28/itv-buys-london-hq
ITV plc press release: http://www.itvplc.com/investors/announcements/itv-buys-london-hq
The Guardian posted:
http://static.guim.co.uk/sys-images/Media/Pix/pictures/2013/1/28/1359365524784/ITV-London-Television-Cen-008.jpg
ITV London Television Centre: purpose built for LWT in the early 1970s. Photograph: Christian Sinibaldi for the Guardian
ITV has purchased its headquarters and studios on London's South Bank for £56m.
The broadcaster has purchased the 2.5-acre site from retail letting firm Coal Pension Properties, ITV announced on Monday.
ITV will pay £56m to buy out the 56-year lease, plus a further £6.5m if there is substantial redevelopment of the site in the next 10 years.
The broadcaster said in a stock market announcement that the purchase would give it flexibility in in its property strategy as it continues to "transform and rebalance" the company.
This follows ITV's move to overhaul its offices and studios in Leeds, and to relocate its Manchester operation to the new MediaCity complex in Salford.
The TV company has had an association with London Television Centre – formerly known as London Studios – for more than 40 years. The 22-storey tower and studio complex, overlooking the Thames, was purpose built for ITV company London Weekend Television in the early 1970s.
ITV's corporate HQ and network commissioning operation was for many years based in offices on Gray's Inn Road north of the Thames, with the South Bank site mainly a production centre.
The broadcaster's commissioning teams under director of programmes Peter Fincham relocated to London Television Centre from Gray's Inn Road in early 2009, with chief executive Adam Crozier setting up shop there when he joined ITV the following year.
Programmes currently produced at the London Television Centre include Daybreak, This Morning, Loose Women, The Jonathan Ross Show, All Star Family Fortunes, The Graham Norton Show, QI and Alan Carr: Chatty Man.
ITV London Television Centre: purpose built for LWT in the early 1970s. Photograph: Christian Sinibaldi for the Guardian
ITV has purchased its headquarters and studios on London's South Bank for £56m.
The broadcaster has purchased the 2.5-acre site from retail letting firm Coal Pension Properties, ITV announced on Monday.
ITV will pay £56m to buy out the 56-year lease, plus a further £6.5m if there is substantial redevelopment of the site in the next 10 years.
The broadcaster said in a stock market announcement that the purchase would give it flexibility in in its property strategy as it continues to "transform and rebalance" the company.
This follows ITV's move to overhaul its offices and studios in Leeds, and to relocate its Manchester operation to the new MediaCity complex in Salford.
The TV company has had an association with London Television Centre – formerly known as London Studios – for more than 40 years. The 22-storey tower and studio complex, overlooking the Thames, was purpose built for ITV company London Weekend Television in the early 1970s.
ITV's corporate HQ and network commissioning operation was for many years based in offices on Gray's Inn Road north of the Thames, with the South Bank site mainly a production centre.
The broadcaster's commissioning teams under director of programmes Peter Fincham relocated to London Television Centre from Gray's Inn Road in early 2009, with chief executive Adam Crozier setting up shop there when he joined ITV the following year.
Programmes currently produced at the London Television Centre include Daybreak, This Morning, Loose Women, The Jonathan Ross Show, All Star Family Fortunes, The Graham Norton Show, QI and Alan Carr: Chatty Man.
http://www.guardian.co.uk/media/2013/jan/28/itv-buys-london-hq
ITV plc press release: http://www.itvplc.com/investors/announcements/itv-buys-london-hq
LWT did,.
