Production resumed gradually in the state where by April 2021 on-location filming in Los Angeles returned to 60% of normal levels. Ryan Millsap, Blackhall Studios ' founder and CEO, announced the sale to. Shadowbox Studios, Formerly Blackhall Studios, Announces $500 Million Strategic Investment From Silver Lake to Support Over $1.5 Billion Premium Soundstage Platform and Unveils Corporate. Shadowbox is currently building a 1.3 million square foot studio campus in Santa Clarita. I know theyre a real group and I know theyre hoping to cross the finish line.. Our partnership with Silver Lake represents a major step forward for our Shadowbox platform, not only by providing significant growth capital for the business, but also by expanding our relationships in the entertainment and technology communities which are integral to Shadowboxs future.. Room for exterior set builds. Deutsche Bank, EY and Sidley Austin represented Shadowbox on the transaction. Shadowbox, formerly Blackhall Studios, is also adopting new branding as part of the investment. Located in Valencia, California, Santa Clarita Studios is a full-service, independent studio featuring 32 sounds stages ranging from 12,000 to 40,000 sq ft. Our audience rated stages offer attached and fully furnished production office space with large bullpens and suite-style executive offices. The California Nurses Association condemned the March 3 announcement by California Department of Public Health that mask and vaccine requirements would be lifted April 1 in the states health care settings, just eight days after California reached the grim toll of 100,000 Covid-19 deaths. 2023 Media Business Insight. April 28, 2021 Atlanta-based Blackhall Studios was sold for $120 million to a private equity firm in Los Angeles. Supporting large-scale productions with best-in-class service is Shadowboxs bread and butter. All rights reserved. Commonwealth Asset Management is a Los Angeles based investment management platform that manages approximately $1.7 billion in assets. Our state-of-the-art facilities physically exist as shadowboxes where our clients can execute their artistic endeavors. Share this article. The commercial portion is proposed as the Shadowbox Studios, which consists of six 11,000-square-foot sound stages and a parking structure.. A . Were pleased to offer some of the worlds top creative talent the space to bring characters and stories to life in premier soundstages backed by best-in-class production services.. Prime Video's comedy feature Grand Death Lotto to shoot next week, Part two of Kevin Costner Western film series Horizon underway in Utah, LeBron James' sports drama Rez Ball to film in New Mexico for Netflix, Choose from three profile types - Basic, Silver and Gold. Silver Lakes portfolio companies collectively generate nearly $254 billion of revenue annually and employ approximately 557,000 people globally. The move is part of California's attempts to keep up with the increase in demand of TV and film production in Hollywood. Shadowbox currently operates soundstage campuses in Atlanta and the United Kingdom, with further active developments in the Atlanta, London, and Los Angeles metro areas. The studios strategic location inside Atlantas I-285 perimeter places talent and crew only minutes away from Hartsfield Jackson International Airport and Atlantas city life centers with award-winning, celebrity chef-driven restaurants, high-end shopping and luxury accommodations such as the Ritz Carlton, St. Regis and Four Seasons. There is a long runway for the growth of the overall industry, and we are thrilled to partner with Shadowbox to expand the companys service offerings and deliver premium soundstage facilities in the top global production markets.. Find your next apartment in Santa Clarita CA on Zillow. Email: hbraly@pooleshaffery.com. The plans include a corporate rebranding. Shadowbox develops, owns, and operates purpose-built, state-of-the-art soundstage facilities uniquely positioned to meet the needs of a growing industry of creative content producers. Peter Rumbold, a director at the studio, said the new name represents the company going forward as a symbol of both the physical and imagined spaces supported by our platform., He added, Our state-of-the-art facilities physically exist as shadowboxes where our clients can execute their artistic endeavors.. The completed expansion of the studio will see it having an additional 22 new sound stages and an extra 1.2 million sq ft in space. Consumer demand for premium film and TV content, coupled with the growing number of producers, has driven outsized demand for soundstage capacity. A city official noted Wednesday its one of a number of discussions that have involved the historic tracks potential next use over the years, but also one that appears to be gaining traction. Blackhall Studios - Application received May 2021 - Proposed for an approximate 1.34M square foot television and movie studio campus - 487,000 sf of sound stages - 579,000 sf of supportive warehouses - 235,000 sf of office uses - 40,000 sf of catering and other specialty uses - Includes improvements to 13 th Street, Arch Street, and 12 th Street Blackhall Studios (to be rebranded as Shadowbox Studios) in Atlanta. Blackhall Studios. Supporting large-scale productions with best-in-class service is Shadowboxs bread and butter, said Adam Fisher, a director at the studio. Consumer demand for premium film and TV content, coupled with the growing number of producers, has driven outsized demand for soundstage capacity. The residential lot sizes would range in size from 2,500 to 4,500 square feet. Each of these investment strategies reflects Commonwealths top-down macro-economic approach, carefully developed investment philosophy and contiguity to technological innovation. Chief Production Officer eric@shadowboxstudios.com, 1415 Constitution Rd SE, Atlanta, GA 30316, 3475 International Park Drive SE, Atlanta, GA 30316, 3495 International Park Drive SE, Atlanta, GA 30316, 3342 International Park Drive SE, Atlanta, GA 30316. The local film office reported 570 film permits and 1,505 filming days, which generated approximately $37.6m in economic impact to the local community. Filled with the top stories to start your day, and emergency news alerts. The investment includes a capital commitment of $500 million that will support Shadowboxs growth strategy, including existing soundstage development projects in the Atlanta, London, and Los Angeles metro areas with over $1.5 billion of expected capital investment. Allison.McLarty@edelman.com, Commonwealth The Los Angeles County Sheriff Civilian Oversight Commission has approved the Special Counsels Report on Los Angeles Sheriff's Department Deputy Gangs and adopted all 27 recommendations. Santa Clarita city planners recently received an application for a one-stop review for a movie studio complex in Placerita Canyon, city officials confirmed Monday. The combination of Shadowboxs premier facilities in tier one production hubs and deep relationships across the production landscape allows the company to support the worlds top content producers as they grow their businesses, said Lee Wittlinger, Managing Director at Silver Lake, who has joined Shadowboxs board along with Silver Lake Director Chip Schroeder. A representative from Shadowbox was not immediately available Wednesday. A US movie studio group behind blockbusters including Venom, Jumanji and Godzilla is to build a 150m Hollywood-style production complex in Reading . Santa Clarita City Planners Reviewing Placerita Canyon Studio Project, March 15: Have Coffee With a Cop at Dicks Sporting Goods, March 4: Celebrate Mardi Gras at Old Town Newhall Farmers Market, Whittaker-Bermite Owner Partners with New Urban West to Develop Site, SCV Sheriffs Station OHV Grant Request Available for Public Review, Feb. 28: Emergency Virtual Meeting 1:30 p.m. Possible Camp Scott Impact, CNA Condemns Decision to Lift Mask, Vaccine Mandates in Health Care Settings, Friday COVID Roundup: County Records 14 Deaths, 1,343 New Cases, Civilian Oversight Panel Adopts Recommendations to Eradicate LASD Deputy Gangs, CDPH Updates COVID-19 Guidance, Health Orders, New Beehive Installed at Placerita Canyon Nature Center, Breaking Barriers Career Expo at Boys & Girls Club, Records Fall for TMU Athletes at NAIA Indoor Championship Finals, March 10: All Schools Dance at Magic Mountain, Mustangs Find Success at NAIA Swim Nationals, American Red Cross Announces March 2023 Monthlong Events, SCVi Now Recruiting Students for 2023-24 School Year, March 18: COC Hosting Discover Day for New, Potential Students, Monthly Message from City Manager March 2023 | One Story One City, March 11: LACoFDs Brush Inspection Educational Meeting for SCV Residents, Dr. Lisa Wong Appointed Director of L.A. Countys Mental Health Department, Thursday COVID Roundup: Resources to Remain After Emergency Orders End. In 2017, Blackhall Studios opened a 165-acre complex with over 200,000 square feet of soundstage space as well as offices and rentable workshops. The post notes that cowboy actor Hoot Gibson purchased it in 1930, continuing its use as a rodeo venue that attracted the likes of William S Hart, Tom Mix and John Wayne, until it was sold to William Bonelli. Compared wth 2020, this marks an overall rise of 62% in permits, 42.6% in film days and 40.8% to the estimated economic impact. Large-scale productions require a studio with the soundstages, mill spaces and office real estate to accommodate full cast, crew and staff. Ryan Millsap of Blackhall Studios in front of Studio 8 (Photo by Maria Saporta) "This has been in the works for about a . The sound stages portion would be built by Shadowbox and intended to augment the studios Newhall plans. Upon completion of this expansion, Shadowboxs footprint in Atlanta will total 31 soundstages and exceed two million square feet. Other ancillary and specialty use buildings, including a catering building, gym building, and mechanical building with a substation, are located to the east and southeast of the main entrance at the intersection of Arch Street and 13th Street. The Santa Clarita Valley Sheriffs Station annual All Schools Dance is back for its 38th year and will be held Friday, March 10 from 7:30 p.m. to 11 p.m. at Six Flags Magic Mountain. Consumer demand for premium film and TV content, coupled with the growing number of producers, has driven outsized demand for soundstage capacity. Los Angeles Still Leads In Soundstage Space, But FilmLA Says Growth Is Outpaced By Toronto, UK & New York. 2022 Shadowbox Studios. Several other companies have announced plans to expand existing soundstages or build new ones in the last couple of years. The Keystone Club at the Santa Clarita Valley Boys & Girls Club is hosting a Breaking Barriers Career Expo on March 24 and April 21. Netflix . Following completion of the remaining development, the company will operate 18 stages in the London area. . The campus spans 165 acres and has 850,000 square feet of interior space across nine sound stages. And in the LA metro area, it is currently developing 19 soundstages in Santa Clarita, a nearly 1.3 million square foot purpose-built studio complex. Following completion of the remaining development, the company will operate 18 stages in the London area. Shadowbox Studios Atlanta - Phase I (formerly Blackhall Studios) is an 850,000 square foot studio facility that has been home to such blockbuster features as Jumanji: The Next Level, Jungle Cruise and Godzilla: King of the Monsters. City of Santa Clarita Community Development Department 23920 Valencia Boulevard, Suite 302 Santa Clarita, CA 91355 RE: Blackhall Studios Project - Notice of Preparation of an Environmental Impact Report (NOP) SCH # 2022030762 GTS # 07-LA-2022-03901 Dear Mike Marshall: Shadowbox, an international studio with very ambitious plans underway for Placerita Canyon, is looking to partner with home builder Integral on an auxiliary project that would use 35 acres of the historic property, which last hosted racing in 1995 and is now home to the twice-weekly Santa Clarita Swap Meet. I always enjoy visiting our Santa Clarita Public Library Branches and seeing the wide-range of community members taking advantage of the resources, materials, books and services provided. CEO of Georgia-based Blackhall Studios. Commonwealth Asset Management LP is a Los Angeles based asset management platform. To learn more about Database Works and our custom software solutions, please request a demo. 25350 Magic Mountain Parkway, Suite 250 Santa Clarita, CA 91355 . Shadowboxs existing footprint consists of: Upon completion of these development projects, Shadowbox will own and operate a portfolio of 68 soundstages and over 4.2 million square feet of leasable area, making it one of the largest operators in the sector. Were pleased to offer some of the worlds top creative talent the space to bring characters and stories to life in premier soundstages backed by best-in-class production services.. Blackhall plans to invest 150m in . In his role as Chairman at Blackhall, Ryan oversees the long and short term strategy of the studios, staying involved on a daily basis to provide leadership and direction . All Rights Reserved. *Assets estimated as of March 2022 and are inclusive of Commonwealth Asset Management LP, Commonwealth Asset Management Holdings LLC and its affiliates, constituting CWAM. All Rights Reserved. Santa Clarita received an application for a mixed-use, residential development to be located on the 40-acre Saugus property in October 2021, according to city senior planner Hai Nguyen, who said Wednesday that project was still in the initial study phase. Blackhall Studios offers complete services for all types and sizes of productions from small independent films to scripted television series to tent pole movies, according to the studios website. Bungalow 1300. Blackhall Studios is booming and ready to expand, but preservationists fear plans for Atlanta's greatest urban . Story Arc. Millsap originally intended to call the company Valhalla Studios, but backed down after a legal challenge from Valhalla Entertainment, producers of The Walking Dead.. cj@cwamgroup.com, Internet Explorer presents a security risk. June 18, 2020 6:14pm. Commonwealth Asset Management is a Los Angeles based investment management platform that manages approximately $1.7 billion in assets. The Swap Meets office is closed on Wednesday, per a number listed online for the market. Upon completion, the two phases will function as a single integrated campus totaling in excess of 2MM square feet. Georgias uncapped film and TV tax credit incentive program has transformed the state into a major production hub since it was created in 2006. Street Address: 901 Dove Street, Suite 270 City: Newport Beach Province/State: CA Updated: 5:44 PM EDT April 28, 2021. Blackhall . To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. The County of Los Angeles Fire Department recently mailed the Annual 2023 Brush Clearance Notices to residents in Fire Hazard Severity Zones. The Los Angeles County Board of Supervisors voted unanimously to appoint Dr. Lisa H. Wong Director of Los Angeles County Department of Mental Health during its Board meeting Tuesday.