Next Steps for £70m Littlewoods TV and Film Studio

The next steps have been set out to unlock a potential £70m redevelopment of the iconic Littlewoods building in Liverpool, which could create almost 4,000 jobs. The scheme would aim to create one of the UK’s biggest TV and film complexes. The project includes major studios, creative office and new media facilities, and seeks to transform Liverpool into one of Europe’s premier TV and film hubs. The former art-deco HQ of the Littlewoods empire has been vacant for decades and is in a state of severe dilapidation, including fire damage in 2018.…

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Private equity deals surge in F&B market

Grant Thornton’s latest food and beverage insights found that the total deal value for PE in Q3 has also increased, up from £1.98bn in Q2 2021, to £3.7bn Of the 32 deals announced in the food and beverage sector in Q3, 44% involved private equity (PE), a “significant” increase compared to the 33% in Q2, according to new research from Grant Thornton. The deal value this quarter was notably inflated by PAI Partners’ acquisition of PepsiCo Inc. Excluding this, however, the total disclosed deal value involving private equity for Q3 was…

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Netflix Reopening The Bay Theater In Caruso’s Palisades Village

Netflix and Caruso are re-opening the legendary Bay Theater in Palisades Village, which was closed during the pandemic. The previous lease holder was Cinépolis, which revived the venue back in 2018. The theater adds another footprint in an awards voter neighborhood for streamer Netflix; which also operates the Paris in NYC and teamed with the American Cinematheque in Hollywood to reopen the historic Egyptian Theater next year. “The Bay is one of those rare places that’s modern but also feels like a throwback experience of your local main street cinema,” said Scott Stuber, head of…

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