cinespace chicago news

Follow Your Favorite Chicago's Afternoon News Personalities on Twitter:Follow @SteveBertrand Follow @kpowell720 Follow @maryvandeveldeFollow @LaurenLapka For more information on programs filming at Cinespace Chicago Film Studios or for information on CineCares Foundation, please visitChicagoFilmStudios.com orCineCaresFoundation.org. The Midwest's production hot spot 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. Cinespace sold to buyout firm in deal reportedly worth $1 billion The GM and coach seem to be more cohesive than Ryan Pace was with Matt Nagy and John Fox. TPG is bringing in its own team. Lightyears is a sci-fi drama co-produced by Amazon Studios and Legendary Television by writer Holden Miller and producer Daniel C. Connolly. Life on a third straight one-year contract with the mega-talented Astros isnt bad at all. 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, continued Alex Pissios, President and CEO of Cinespace Chicago. 2023 The Hollywood Reporter, LLC. Cinespace Chicago Film Studios Being Sold For $1 Billion Ve el apartamento 3N en alquiler en 1448 S Rockwell St en Chicago, IL desde $1200 y encuentra otros apartamentos disponibles en Chicago. Cinespace Chicago Film Studios Welcomes New Productions, Expands Illinois Governor JB Pritzker commented: Illinois is proud to welcome TPGs investment in Cinespace and Illinois booming film industry. The Toronto studio launched in 1988. Teagan Pompa - Senior Studio Technician - Cinespace Chicago Film TPG is investing in two of the most stable and sought-after filming jurisdictions in the world, and we are excited to see Cinespaces continued growth and success with TPG.. He would later help his nephew, Chicago native Alex Pissios, open the North Lawndale branch in 2011, where Pissios has been president and CEO since. Alex Pissios On the Future of Cinespace Chicago and His - News Anyway Stay on top of the latest film, TV, advertising, entertainment and production news! The largest provider of sound stages and production support in the region, at 1.4 million square feet - with a total of 29 stages over three major campuses, including purpose built stages with 45 clear heights. The show follows a couple who discovered a chamber buried in their backyard, which inexplicably leads to a strange, deserted planet. They will find no better place in Canada to do business and we are excited and confident in the future of Cinespace., Toronto Mayor John Tory added: "Toronto continues to be a leader in film and TV and that has been made possible through investments from leading companies who see the value and potential in our city and our residents. Monique Scott needed more than 50 percent of the vote to avoid a runoff. Community has always been core to who we are at Cinespace, and I am deeply proud of the employment and education opportunities weve created, said Alex Pissios, president and CEO of Cinespace Chicago. Expanding the states capacity for television and media production will create opportunities for countless Illinoisans including the job training and apprenticeship programs that have been hallmarks of Cinespaces efforts in Illinois. Cinespace Chicago Film Studios welcomes several new productions to its growing campus.. As the Dick Wolf, One Chicago series prepares to wrap soon for the season, Cinespace announced four new series filming at its facilities.. Force will follow Tommy Egan (Joseph Sikora) as he turns his back on New York and heads to Los Angeles through Chicago to take on the Irish mob. The pop-up runs Friday through the end of March. Illinois has a 30% tax credit that. Subscribe for full access to The Hollywood Reporter. CineCares is how we support, promote, and engage local communities. The furtive chamber they thought they knew so well turns out to be much more than they could ever have imagined. "During this pandemic, I think we all had a chance to experience how essential quality shows are to our culture and even to our mental health. Apartamentos.com cuenta con recorridos en 3D, videos en alta definicin, reseas y mucha ms informacin verificada que el resto de las pginas de alquileres. Mayor Lori Lightfoot added, Chicago has a compelling, beautiful cityscape with so much potential for film productions of all mediums and sizes. Email Newsroom@BlockClubChi.org. Chicago is an entity of its own. According to Crains Chicago Business, TPG, in a statement, has confirmed that its TPG Real Estate Partners unit has made the acquisition. Eoin Egan, who formerly worked as head ofproductionservices at Netflix, will be named Cinespaces new COO, according to Deadline. Netflix launching a production hub in Toronto by locking up eight soundstages four each at Pinewood Toronto Studios and Cinespace Film Studios in turn sparked a local space race by Hollywood streaming giants scrambling for soundstages on which to create new high-quality film and TV content. In Chicago, Cinespace Chicago Film Studios virtually rose up out of an abandoned steel mill. To learn more, please refer to the cookie policy. 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. DOWNLOAD THE FOX 32 NEWS APP. Skip to content About Us Locations CinecaresNews Contact Log In Cinespace Chicago Cinespace Toronto (Colin Boyle/Block Club Chicago) Voters will decide who of the two contenders will take the 24th Ward's aldermanic seat in the April runoff after Monique L. Scott only secured . Cinespace Chicago adds 100K sq. ft. of production space as filming Oscar-winner Sissy Spacek and three-time Emmy-nominated Ed O'Neill will star in the sci-fi drama. Block Club Chicago is a nonprofit news organization dedicated to delivering reliable, nonpartisan and essential coverage of Chicagos diverse neighborhoods. They have been the source of incredible Canadian content and a steady job creator for the City and Province. What to eat. Cinespace Chicago Film Studio campus in North Lawndale. Cinespace is building a Hollywood-style studio - Time Out Chicago Chicago has a compelling, beautiful cityscape with so much potential for film productions of all mediums and sizes, Lightfoot said. Gov. Cinespace Studios in Chicago has 33 stages, with 15 more under development. The CineCare's Foundation Mirkopoulos Internship Program partners with FOX, HBO, NBCUniversal, Wolf Films, and Studio Mechanics Union Local 476. Zach Long. Cinespace furthers their vision to build a premier global production Cinespace Studios, which helped spark a boom in movie and television production in Chicago, has been sold to a private equity firm that tapped a former Netflix executive to lead the operation on Chicagos West Side. Federal authorities made secret recordings at Cinespace Chicago Film Studios as part of an investigation into a Teamsters union boss who last month was charged with extorting the business, the . Our Locations Cinespace Chicago Your preeminent production platform with 36 active stages across its 1.6 million square foot two campuses, located within 15 minutes of downtown. Film production studio, which could create hundreds of jobs, eyed for The two are not related. Today's news is good news for Cinespace Studios, our city, and our thriving film sector. The Studios also announced four new series filming at its facilities as productions begin to ramp back up with additional health and safety protocols. The company launched in Toronto in 1988 and today operates 23 production stages across the city, with another 12 stages planned for development on more than 40 acres. Terms of the deal, and the purchase price, were not mentioned in the release. We are thrilled to have the opportunity to expand on their vision by building a best-in-class studio platform that serves the creator community and drives job growth in Toronto, Chicago, and beyond, said Jacob Muller, managing director at TPG Real Estate Partners. 19 talking about this. Were expanding beyond our workforce development program in Chicago to Toronto so stay in touch for updates. 415-743-1550, Internet Explorer presents a security risk. A TPG official, Keith Gee, will be chief financial officer and the other co-managing partner. Sources: Feds made recordings at Cinespace Chicago - Chicago Tribune The Chicago studio opened in 2010. 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. Crains Chicago Business reported the sale price as $1.1 billion. Key developments evolving in sale of Brauer Museum artwork by Valparaiso University, Its Chicagos fake birthday: Here are 30 essential foods and drinks to celebrate, from Rainbow Cone to Malrt, Carol Stream man, 35, dies in custody at Cook County Jail, officials say, Do Not Sell/Share My Personal Information. Alex Pissios has confirmed that Cinespace Chicago Film Studios and Cinespace Toronto, the amazing empire that he and his uncle Nick Mirkopolous built on a dream, has been sold to TPG Real Estate, a West Coast based global alternative asset manager. A federal appeals panel has ruled an Illinois state agency didn't violate . Information. As production begin to ramp back up the studio continues to strictly follow health and safetybest practices from the CDC andIllinois Guidance. Cinespace Studios Sold to Private Equity Firm | Chicago News | WTTW Egan most recently was head of production services at Netflix, and Gee was the CEO of Strive and CFO and president of LifeStorage, two former TREP portfolio companies. It was a stunning rebuke. In addition to film production, the campus is home to Stage 18 Chicago, a 501(c) 3 organization and incubator established to retain and grow talent in Chicago. New programs scheduled to film at Cinespace Chicago Film Studios this spring include Lightyears, 61st Street, Power Book IV: Force, and Paper Girls. The film operation at The Fields would be a smaller version of the Cinespace Chicago Film Studios campus on the West Side, where TV shows and movies are filmed and produced. 24th Ward candidates headed to April runoff. Sign up for our morning newsletter to get all of our stories delivered to your mailbox each weekday. The release does not mention any role for Cinespace President and CEO Alex Pissios, whose run as the head of Cinespaces Chicago operation has seen the company expand into the citys premier studio space and purportedly the largest film campus east of California. Mayor Lori Lightfoot said in a statement she was thrilled Cinespaces new owners plan to expand its workforce. Block Club Chicago is a nonprofit news organization dedicated to . As part of the acquisition, Eoin Egan and Keith Gee will join Cinespace as Co-Managing Partners and COO and CFO, respectively. For more information or to contract studio or business space at Cinespace, visit the website at ChicagoFilmStudios.com. Based on the comic book series by Brian K. Vaughan,Paper Girls is an Amazon series created by two studios, Legendary Television and Plan B, and written by Stephany Folsom, who previously worked onToy Story 4andThor: Ragnarok. Sign up for our Eat. Since its inception in 2009, TREP has built a differentiated investment portfolio comprised primarily of real estate-rich platforms and portfolios located in the United States and Europe. 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. Consumer appetite for original content is a growing secular trend 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, said Avi Banyasz, Partner and Co-Head of TPG Real Estate. Cinespace is up and rolling with 4 new series and more Reel Chicago News 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. At the Intersection of advertising, TV, film and production. Oscar-winner Sissy Spacek and three-time Emmy-nominated Ed ONeill will star in the sci-fi drama. Cinespace Chicago Film Studios' sprawling 60-acre campus is located on the West Side, with the main studios at 2621 W. 15th Place in North [] CineCares creates pathways into the film industry for young people on the South and West Sides through job training, education and internships at Cinespace. Pascal Sabino 1:39 PM CST on Nov 12, 2021 "Jane has worked on the Cinespace lot for many years in several different roles and understands the needs of a production and the Chicago film and TV community," Egan says in a release. . Subscribe to Block Club Chicago,an independent, 501(c)(3), journalist-run newsroom. Cinespaces flagship studio campus on Kipling Avenue in Toronto has played host to shoots for Reign, Beauty and the Beast, Goon: Last of the Enforcers and 12 Monkeys. Cinespace Toronto has 23 production stages across the city, with another 12 stages planned for development on more than 40 acres. Chicago has a compelling, beautiful cityscape with so much potential. Poles needs to make sure Eberflus maintains significant input. It's how we act that makes a difference: we offer education and training to engage, support and contribute to our communities. Cinespace Chicago Film Studios, the second-largest film studio outside of Los Angeles in North America, is pleased to welcome several new productions to its growing campus as the Studios. News about the Studio and Production Facility Industry | Cinespace News and industry updates about Cinespace, as well as the entire industry devoted to filming locations, production facilities, and studio space. All Rights Reserved. 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. About Us Locations CineCares News Contact Cinespace Chicago Cinespace Toronto Studio Babelsberg Cinespace We're the perfect partner for your next production. This courtroom drama follows a promising black high school athlete who is swept up into the Chicago criminal justice system. Located on the west side of downtown Chicago, Cinespace Chicago Film Studios occupies 1.45 million sq. Consumer appetite for original content is a growing secular trend 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, said Avi Banyasz, partner and co-head of TPG Real Estate, in a statement. The family that owns the Cinespace soundstages where - Chicago Tribune The Cinespace brand is recognized around the world for the productions filmed on its premises by the most renowned content creation companies. We also wanted to know or did we? Executive producer Michael B. Jordan (Black Panther) is already shooting the AMC drama series 61st Street at Cinespace Chicago Film Studios. Cinespace Chicago sells to Texas real estate company 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. A global hub for premium content production, services and support that ensures your team reaches their fullest creative potential. Cinespace Chicago Film Studios specializes in the Development, Management & Operation of Studio Facilities. TPG Real Estate Buys Cinespace Toronto, Chicago Studios for $1.1 As the Dick Wolf, One Chicago series prepares to wrap soon for the season, Cinespace announced four new series filming at its facilities.

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