£430k cost of aborted TV studios sale

Aborted sale of Bottle Yard Studios cost Bristol City Council taxpayers £430k

Transcript

00:00The aborted sale of world-famous Bottle Yard Studios cost Bristol City Council taxpayers £430,000, it has been revealed.

00:10The authority wanted to privatise the South West's biggest TV and film studios, which it owns,

00:17but the idea collapsed in July when a three-month period for negotiations with the preferred bidder to take it on expired.

00:24Actors Union Equity opposed the controversial sell-off of the production centre,

00:30which has been used by many entertainment industries, including the BBC, ITV, Amazon, Netflix and Paramount.