Businesses must wait to find out future of Wimbledon Studios Media Village

Wimbledon Studios Media Village

Wimbledon Studios Media Village

First published in News
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Wimbledon Guardian: Photograph of the Author by , Chief reporter

Media Village business people at Wimbledon Studios must wait before they find out the future of the venue.

A meeting held on Thursday informed workers from more than 50 media businesses that there were continuing negotiations with companies interested in buying the studios.

Half of the interested parties wanted to keep the village as it is and half do not, businesses were told on Thursday, June 5.

One businessman told the Wimbledon Guardian they had been hoping for more tangible news and would now have to wait to find out more.

He said: "We are in the same position as we were last week.

"We have to sit and wait."

Hundreds of jobs could be at risk if the village is given the chop.

Andrew Perloff, the chief executive and chairman of Panther Securities Plc, who own the site, Deer Park Road, Wimbledon, said nothing is clear cut and negotiations are ongoing.

Piers Read, managing director of Wimbledon TV Studios, said: "We are talking to a number of very interested parties about potential investment in the studios.

"This will help us meet our ambitious expansion and development plans, to take advantage of the increasing need for studio and office space close to the centre of London."

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