Warner buys Harry Potter studios

Click to follow
The Independent Culture

Warner Brothers announced yesterday that it had bought the British studios where the Harry Potter franchise was filmed, raising hopes of a resurgence in home-grown cinema.

The company has ambitious plans to expand Leavesden Studios, located near Watford, investing £100m and hiring 1,800 new staff. It said that it hoped they will be "probably the most technologically state-of-the-art studios in Europe", when they open in 2012. The sprawling 170-acre site will be able to host the production of two full-scale films simultaneously.

Former Harry Potter sets will be converted into a theme park for fans. The investment represents a boost for the British film industry.