Hackman Capital Partners, owner of Culver City Studios, has snapped up Ardmore Studios and Troy Studios.
. The sale to the Hackman Capital/Square Mile partnership eases fears in the Irish film and TV industry that both studios would have been acquired by property developers and not continue as film studios.
The Irish studios are also being touted by the Hackman Capital/Square Mile partnership for their close connections to Europe and EU soft money available for international co-productions, while also offering access to world-class crews and infrastructure in Ireland itself and additional studio space for content-creators adjoining the busy UK studio market.
In July, Screen Ireland, the country’s film, TV and animated production agency, reported the EU-member country has set new production activity records despite the disruption of Covid-19 and Brexit, with the local film and TV sector’s economic contribution estimated at €289 million from 37 Irish and international productions shot in the country so far this year.
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