cinespace chicago news

Cinespace Studios announces that Jane Williamson will join the company as Head of Client Services & Studio Operations in Chicago.Nick Pissios will be leaving the position.. Jane was most recently Production Supervisor on season 2 of Lionsgate TV's Power Book IV: Force and Legendary Entertainment's Night Sky. Media Contact TPGs purchase of Cinespace is not an outlier, but part of a larger trend, thanks to a nationwide shortage of available stage space due to the onslaught of projects demanded by streaming services. When Hollywood comes to Chicago to film, they do it Chicago style. I look forward to partnering with TPG to continue growing this critical industry and seeing what Illinois talent and infrastructure inspires in creatives across our state., Chicago Mayor Lori E. Lightfoot continued: "Chicago has a compelling, beautiful cityscape with so much potential for film productions of all mediums and sizes. 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.. Website. Today's news is good news for Cinespace Studios, our city, and our thriving film sector. We welcome this acquisition by TPG and look forward to their continued investment in Cinespace and commitment to growing their operations in Toronto. Cinespace Studios Sold for $1.1B to TPG Real Estate. 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. In the ensuing decade, that key facility has grown to include 36 soundstages, helping to bring . Were expanding beyond our workforce development program in Chicago to Toronto so stay in touch for updates. Learn More Cinespace Toronto Cinespace in North Lawndale has hosted filming for TV shows like Empire and Chicago Fire for the past few years, but the Southwest Side complex will start to look . Consumer appetite for original content is a growing secular tend 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, TPG co-head of Real Estate Avi Banyasz said in the statement. Box Office: Michael B. 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Pritzker said in the TPG statement. For more information, visit www.tpg.com. (Brian Cassella / Chicago Tribune). Illinois is proud to welcome TPGs investment in Cinespace and Illinois booming film industry, Gov. Cinespace, the studio that is home to Chicago-based film and TV productions including "Chicago Fire," has been sold to the real estate arm of TPG, a buyout firm based in Texas and California, the two companies announced Friday. As part of the acquisition, Eoin Egan and Keith Gee will join Cinespace as co-managing. Oscar-winner Sissy Spacek and three-time Emmy-nominated Ed ONeill will star in the sci-fi drama. and Cassels Brock & Blackwell LLP served as legal counsel to Cinespace. Clickhereto support Block Clubwith atax-deductible donation. Cinespace intends to grow its employee base in Chicago and Toronto, officials said. Pascal Sabino 1:39 PM CST on Nov 12, 2021 Cinespace Chicago Film Studios has been home to NBCs Chicago Fire, Chicago Med and Chicago P.D. The Hollywood Reporter is a part of Penske Media Corporation. Founded by the Mirkopoulos family in Toronto together with the Pissios family in Chicago, Cinespace specializes in the development, management, and operation of studio space and support facilities for the film, television, and digital media production industry. 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. Skoronski is productive: in three seasons as Northwesterns starting left tackle, he allowed just five sacks in 2,364 snaps. According to Crains Chicago Business, TPG, in a statement, has confirmed that its TPG Real Estate Partners unit has made the acquisition. The deal, valued at $1 billion according to Crains Chicago Business, means the Pissios family of Chicago will no longer control the studio space they founded in 2011 with the aid of millions of dollars in state grants. Detectives were questioning a person who was inside the home at the time. We also wanted to know or did we? Cinespace Toronto has 23 production stages across the city, with another 12 stages planned for development on more than 40 acres. Cinespace Studios in Chicago has 33 stages, with 15 more under development. Michael Scott Jr. (24th) is resigning from the City Council to take a job with Cinespace Studios, a West Side movie studio."Cinespace Studios is an important part of the local . The deal includes both the Chicago and Toronto locations, which have more than 50 soundstages combined. Gov. The furtive chamber they thought they knew so well turns out to be much more than they could ever have imagined. According to the news release, TPG plans to expand upon the program, but did not provide further details. Cinespace announced in April plans to add 16 sound stages to its campus on the citys Southwest Side, with Pissios at the time telling Crains that the studio had to turn away projects, and that the expansion would add some 1,200 jobs in the local film industry. Having Chicago as a critical 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.". As a Cinespace executive, Pissios also wore a wire on former Teamsters boss John Coli Sr., who pleaded guilty to extorting more than $300,000 from the company to maintain labor peace at the studio. Chicago Fire, Chicago P.D. and Chicago Med have been the longest tenants at Cinespace, which has over 2 million square feet of space and is located on the campus of the old Ryerson Steel Company on the citys West Side. 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.. Power Book IV: Force, the third spin-off of the popular Starz Power series produced by Lionsgate, is also shooting at Cinespace Chicago Film Studios. Cinespace Chicago opened in 2010 and currently operates 33 stages, with an additional 15 stages undergoing development or conversion on more than 60 acres. Block Club Chicago is a nonprofit news organization dedicated to delivering reliable, nonpartisan and essential coverage of Chicagos diverse neighborhoods. This enterprise has been a true family business, and todays transaction marks another important milestone in our 33-year history. The story centers around four 12-year-old girls who deliver newspapers. media@tpg.com Williamson is a native Chicagoan and rose through the ranks of commercial, non-scripted and scripted TV production starting as a production assistant. Its how we build something beyond facilities, develop a stronger, more diverse workforce, broaden educational platforms, change the narrative behind the camera, and affect meaningful change to create a more vibrant industry. It's how we act that makes a difference: we offer education and training to engage, support and contribute to our communities. While making deliveries the day after Halloween, the girls become involved in a conflict between two groups of time travelers. For 10 years, the majority of TV and movie projects in Chicago have been filmed at Cinespace Chicago Film Studios, the soundstage complex in North Lawndale. At the Intersection of advertising, TV, film and production. A federal appeals panel has ruled an Illinois state agency didn't violate . As part of the acquisition, Eoin Egan and Keith Gee will join Cinespace as co-managing partners and COO and CFO, respectively. As part of the acquisition, Eoin Egan and Keith Gee will join Cinespace as Co-Managing Partners and COO and CFO, respectively. Lightyears will premiere exclusively on Amazon Prime Video. 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. The soundstages for Dick Wolf's 'Chicago Fire' and Netflix's 'Umbrella Academy' have been picked up by the real estate investor amid a . Illinois offers production companies 30% tax credits on production costs and on salaries up to $100,000 through 2026. Lightyears is a sci-fi drama co-produced by Amazon Studios and Legendary Television by writer Holden Miller and producer Daniel C. Connolly. To learn more, please refer to the cookie policy. 2621 West 15th Place Chicago, Illinois 60608 Recent News About Cinespace Chicago Appeals panel turns out lights on Chicago film studio's antitrust suit vs IL Film Office By Scott Holland | Friday, Oct 18, 2019 @ 12:27pm. ft. of what use to be the old Ryerson Steel Company. Every dime we make fundsreportingfrom Chicagos neighborhoods. Upon taking office, Quinns Republican successor Bruce Rauner, demanded Cinespace return the grant money following a Chicago Sun-Times investigation that showed that the parcels Cinespace had intended to buy were not for sale. newsletter here. Cinespace is the second largest independent sound stage platform in North America with best-in-class studio campuses. As part of Cinespace's commitment to the neighborhood, the family established CineCares Foundation to train and employ area residents through education and job training in TV & Film. I look forward to seeing Cinespace and the entire film sector in the city with all the jobs that rely on it continue to grow over the coming years.". 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. When current Illinois Film Office director Peter Hawley was appointed two years ago, he talked about the need for more soundstage space. An effort to help diversify TV and film crews, CineCares has created a meaningful (and paid) foot in the door for people of color. Sign up for our free elert here. The story centers around four 12-year-old girls who deliver newspapers. //

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