On Air Now More Music 1:00am - 6:30am Email
Now Playing All Night Long (All Night) Lionel Richie Download

    Island's Pinewood shares rocket in value

    Taxpayer funded shares in Pinewood have rocketed:

     
    The UK film studio has issued a statement outlining its interest in carrying out a review "which could include a sale of the company" at a cost of £250 million. 
     
    Reports suggest it's looking for a £200 million expansion to attract bigger budget films. 
     
    Treasury Minister Eddie Teare says decisions are being made on whether to cash out - or take a punt on the shares drawing even more value: 
     

    More from Isle of Man News


    Recently Played

    Listen Live Listen