MX23RW : Tuesday, April 30 04:11:52| >> :600:54172855:54172855:

BBC to sell off EastEnders studios amid cost-cutting measures?

BBC to sell off EastEnders studios amid cost-cutting measures?
© BBC
The BBC is reportedly exploring the sale of its Elstree Studios - home to EastEnders - in order to raise money.

The BBC is reportedly exploring the sale of its Elstree Studios - the home of EastEnders - amid the corporation's ongoing cost-cutting and revenue-raising measures.

The site in Hertfordshire - owned by the BBC since 1984 - comprises the soap's backlot, multiple studios and stages and was also home to Holby City until the show's axe last year.

Recently the BBC spent almost £87m on rebuilding the exterior EastEnders set, going £27m over the initial budget, but just months after it appeared on screen for the first time, The Telegraph says that it could be sold off.

The newspaper reports that commercial estate agents Lambert Smith Hampton have been instructed to find potential buyers for the site, with a guide price set at around £70m - significantly less than has just been spent on the rebuild.

Any sale would include a firm commitment for the BBC to be able to pay further amounts to lease use of the studios to continue production of EastEnders for the foreseeable future.

In response, a BBC spokesman told the newspaper: "As part of our ongoing review of the BBC's property portfolio we are exploring the sale of Elstree and leasing back part for the continued production of EastEnders.

"There are long term commitments for the continued use of Elstree, for the parts which support EastEnders."

The timeframe for any potential sale is currently unclear.

ID:491820:1false2false3false:QQ:: from db desktop :LenBod:collect2258:

Follow us on X/Twitter and like us on Facebook for the latest entertainment news alerts.

Media Mole Low-Price Offer: Get Sky Entertainment, Sky Stream & Netflix for just £19 a month + £0 upfront fee for 18 months!
Prices may change during this period. Ends 23rd May 2024

Collect / Create New Data
Share this article now:
Erron Gordon headshot
Read Next:
Good Morning Britain director Erron Gordon reunites with Piers Morgan at talkTV
>
rhs 2.0
New TV Picks header

Tuesday, April 30


Interior Design Masters with Alan Carr: The Final: BBC One, 8pm
The two finalists head to Blenheim Palace in Oxfordshire for their last challenge: to redesign holiday lodges in the grounds

MasterChef: BBC One, 9pm
To mark the show's 20th series, 10 former contestants return for a new shot at glory

Emmerdale: ITV1, 7.30pm
Manpreet apologises to Billy for making a pass, but Charles overhears everything

Miriam: Death of a Reality Star: Channel 4, 9pm
In episode two, Miriam's reality show reaches its conclusion and she reveals her 'secret' to the contestants...