Italy’s Fremantle-owned Lux Vide production powerhouse is expanding its in-house studio capacity, unveiling a large new soundstage on Monday at its facilities in Formello outside Rome which will be…
production powerhouse is expanding its in-house studio capacity, unveiling a large new soundstage on Monday at its facilities in Formello outside Rome which will become a major new European physical production hub.
Lux Vide’s new Teatro 5 measuring more than 1150 square meters was inaugurated with Italy’s deputy culture minister Lucia Bergonzoni and other local authorities on hand alongside Lux CEO Luca Bernabei, Andrea Scrosati, Fremantle’s group COO and CEO continental Europe, and Lux’s honorary president Matilde Bernabei.
Lux’s new expanded studio facilities, which tapped into Italy’s tax credit incentives for production, involved a more than €6 million investment. The studios employs on average 250 people a day, according to a statement. “I congratulate Lux Vide for this new important project that has been a great public and private demonstration by sharing the same strategic vision, and working side by side to achieve a common goal: the strengthening of the TV & film industry, being an engine for cultural and economic growth of our country, as well as its attractiveness on an international scale,” said Italy’s deputy culture minister Bergonzoni during the inauguration.
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