Digital Music News tells us that the BBC has sold its Maida Vale studio complex to a consortium including former Buggles accomplice and film music composer Hans Zimmer.
The site says he's in partnership with Working Title co-chairs Tim Bevan and Eric Fellner, and his own business guru Steve Kofsky.
Fellner and Bevan say “We are thrilled to be partnering with our old friends Hans Zimmer and Steve Kofsky on this once-in-a-lifetime project, and collectively, we are determined to continue the BBC’s legacy at Maida Vale by attracting global talent to the UK. Through our redevelopment plans, we will future-proof the historic site, continuing its presence in the local community with a new education facility whilst creating a world-class studio space for the next generation of composers, producers, and engineers.”
There's no mention of a price, or the rival bid from Sir Len Blavatnik. Plans to sell the site first emerged in 2007. In 2018 came the announcement of the East Bank project, moving the Symphony Orchestra to Stratford. Then the BBC had to revalue Maida Vale after re-confirmation of its Grade II listed status. The current balance sheet on all that would be a good read.
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