The show follows a couple who discovered a chamber buried in their backyard, which inexplicably leads to a strange, deserted planet. According to the news release, TPG plans to expand upon the program, but did not provide further details. Masking, social distancing, and capacity limits in public and workplaces continue to be enforced at Cinespace Chicago Film Studios for the health and safety of staff and all production workers. Executive producer Michael B. Jordan (Black Panther) is already shooting the AMC drama series 61st Street at Cinespace Chicago Film Studios. Illinois is proud to welcome TPGs investment in Cinespace and Illinois booming film industry, Gov. Were expanding beyond our workforce development program in Chicago to Toronto so stay in touch for updates. Monique Scott needed more than 50 percent of the vote to avoid a runoff. Located on the west side of downtown Chicago, Cinespace Chicago Film Studios occupies 1.45 million sq. Located on the west side of downtown Chicago, Cinespace Chicago Film Studios occupies 1.45 million sq. Productions ramped back up once the city reopened in June. Cinespace Chicago Film Studios, the second-largest film studio outside of Los Angeles in North America, is pleased to welcome several new productions to its growing campus as the Studios. At the Intersection of advertising, TV, film and production. They will find no better place in Canada to do business and we are excited and confident in the future of Cinespace., Toronto Mayor John Tory added: "Toronto continues to be a leader in film and TV and that has been made possible through investments from leading companies who see the value and potential in our city and our residents. Subscribe for full access to The Hollywood Reporter. Community has always been core to who we are, said Alex Pissios, CEO of Cinespace. For more information on programs filming at Cinespace Chicago Film Studios or for information on CineCares Foundation, please visit ChicagoFilmStudios.com or CineCaresFoundation.org. Skip to content Reel Chicago News At the Intersection of advertising, TV, film and production REEL PRO Friday April 20 2018. The bar will host a flip cup tournament, trivia nights and, of course, a St. Patrick's Day bash. Based on the comic book series by Brian K. Vaughan,Paper Girls is an Amazon series created by two studios, Legendary Television and Plan B, and written by Stephany Folsom, who previously worked onToy Story 4andThor: Ragnarok. Netflix launching a production hub in Toronto by locking up eight soundstages four each at Pinewood Toronto Studios and Cinespace Film Studios in turn sparked a local space race by Hollywood streaming giants scrambling for soundstages on which to create new high-quality film and TV content. Media Contact CHICAGO (CBS) --Ald. Follow Your Favorite Chicago's Afternoon News Personalities on Twitter:Follow @SteveBertrand Follow @kpowell720 Follow @maryvandeveldeFollow @LaurenLapka Cinespace Chicago specializes in the development, management and operation of studio facilities. In TPG, weve found a partner who loves our great city of Toronto, respects Cinespaces heritage and tradition of philanthropy, and has the expertise and resources to help lead the company into its next phase of growth, said Steve Mirkopoulos, president and CEO of Cinespace Toronto. They have been the source of incredible Canadian content and a steady job creator for the City and Province. To learn more, please refer to the cookie policy. CineCares is how we support, promote, and engage local communities. Mayor Lori Lightfoot said in a statement she was thrilled Cinespaces new owners plan to expand its workforce. State grants heavily financed Cinespaces expansion into Chicago under Pissios uncle, Nick Mirkopoulos, who founded Cinespace in Toronto in the 1980s. A press release from TPG says former Netflix executive Eoin Egan will take over as a co-managing partner and COO. Force will follow Tommy Egan (Joseph Sikora) as he turns his back on New York and heads to Los Angeles through Chicago to take on the Irish mob. For more information or to contract studio or business space at Cinespace, visit the website at ChicagoFilmStudios.com. A TPG official, Keith Gee, will be chief financial officer and the other co-managing partner. Its a done deal! said Pissios. Monique Scott was sworn into City Council to replace her brother, former Ald. The pop-up runs Friday through the end of March. We welcome this acquisition by TPG and look forward to their continued investment in Cinespace and commitment to growing their operations in Toronto. Cinespace Chicago Film Studio campus in North Lawndale. The family-owned Cinespace Chicago Film Studios in North Lawndale has been sold to private equity firm TPG. 24th Ward candidates headed to April runoff. As the Dick Wolf, One Chicago series prepares to wrap soon for the season, Cinespace announced four new series filming at its facilities. In addition to film production, the campus is home to Stage 18 Chicago, a 501(c) 3 organization and incubator established to retain and grow talent in Chicago. Separately, plans were announced in May for a $60 million soundstage project on the South Side spearheaded by film producer Derek Dudley and Loop Capital Chairman and CEO James Reynolds Jr. That studio, if it comes to fruition, will be called Regal Mile Studios and be located in the vicinity of South Stony Island Boulevard, East 77th Street and South Chicago Avenue. The GM and coach seem to be more cohesive than Ryan Pace was with Matt Nagy and John Fox. Cinespace Chicago Film Studios welcomes several new productions to its growing campus.. As the Dick Wolf, One Chicago series prepares to wrap soon for the season, Cinespace announced four new series filming at its facilities.. What to eat. Cinespace Chicago Film Studios Being Sold For $1 Billion Austin, Garfield Park, North Lawndale Cinespace Chicago Film Studios Being Sold For $1 Billion The film studio's sale is expected to accelerate the growth of Chicago's film industry and bring more production jobs to the area, new owners said. TPGs investment will expand these efforts and provide more jobs for Illinois, one of the many reasons why we feel they are the right fit to take on the business.. Cinespace Chicago Film Studios welcomes several new productions to its growing campus. Illinois offers production companies 30% tax credits on production costs and on salaries up to $100,000 through 2026. Polling Place: Is Patrick Kane the greatest Blackhawk ever. TPG is bringing in its own team. Consumer appetite for original content is a growing secular trend that has accelerated through the pandemic, leading to a dramatic increase in the demand to produce new films and television and in turn, a surge in the need for studio space, said Avi Banyasz, partner and co-head of TPG Real Estate, in a statement. The productions will bring more than 200 300 new jobs per show to the campus and play a vital role in resurrecting the television and film industry in Chicago. Having Chicago as acritical link to providing not only quality entertainment, but also good-paying jobs in our community makes all the extra effort to help production companies keep filming worth it.. He was so successful in this endeavor that CineCares created 7,500 new jobs. Contact Heather Cherone:@HeatherCherone| (773) 569-1863 |[emailprotected]. NORTH LAWNDALE The film studio where Chicago Fire, Chicago PD, Chicago Med and The Chi are filmed is being sold for $1.1 billion and will stay in Chicago, according to published reports. The Studios also announced four new series filming at its facilities as productions begin to ramp back up with additional health and safety protocols. Chicago has a compelling, beautiful cityscape with so much potential. Cinespace Chicago specializes in the development, management, and operation of studio facilities for the film, television, and digital media production industry. The furtive chamber they thought they knew so well turns out to be much more than they could ever have imagined. By clicking below to submit this form, you acknowledge that the information you provide will be processed in accordance with our Privacy Policy. Life on a third straight one-year contract with the mega-talented Astros isnt bad at all. Box Office: Michael B. 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I am thrilled to see this acquisition expand out capability for content creation and look forward to the jobs and productions it will bring to our region.. The Midwests production hot spot and second-largest film studio outside of Los Angeles in North America, recently added another 105,000 square foot industrial building near its main campus to expand its footprint and bring more stages online for the busy content creation industry. Every dime we make fundsreportingfrom Chicagos neighborhoods. Chicago has a compelling, beautiful cityscape with so much potential for film productions of all mediums and sizes, Lightfoot said. Every dime we make fundsreportingfrom Chicagos neighborhoods. how interested you are in the Fire, whose season begins Saturday against New York City FC at Soldier Field. This courtroom drama follows a promising black high school athlete who is swept up into the Chicago criminal justice system. In Toronto, Cinespace Film Studios was founded in 1988 by highly revered, (Uncle) Nick Mirkopolous. On Friday TPG Real Estate Partners, the real estate arm of the private equity firm TPG, announced plans to acquire Cinespace, the family-run business where the Dick Wolf shows for NBC film. Cinespace was initially launched with a sizable Toronto facility in the late 1980s under the stewardship of the late Nick Mirkopoulos. Chicago is not trying to be Hollywood. This enterprise has been a true family business, and todays transaction marks another important milestone in our 33-year history. Cinespace Toronto VP Jim Mirkopoulos added, The family is incredibly proud of our track record catalyzing economic activity and jobs in Ontario and Illinois, inspiring countless York University and DePaul University film students, and providing the best possible spaces and services to our clients, including for many award-winning projects. The Cinespace brand is recognized. The soundstages for Dick Wolf's 'Chicago Fire' and Netflix's 'Umbrella Academy' have been picked up by the real estate investor amid a streaming content boom. //
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