Silver Lake invests $ 500 million in the former Blackhall Studios, now called Shadowbox

Soundstage operator Shadowbox Studios announced a $ 500 million strategic investment from technology investor Silver Lake to help fund existing development projects in Atlanta, London and Los Angeles, projects with more than $ 1.5 billion in investment .

Silver Lake will partner with an existing investor, Commonwealth Asset Management, who remains a majority shareholder.

“Shadowbox’s combination of core facilities in state-of-the-art manufacturing centers and deep relationships across the manufacturing landscape enables the company to support the world’s leading content producers as they grow their business,” said Lee Whitlinger, CEO from Silver Lake, who joined Shadowbox. S. Meeting with Chip Schroeder, CEO of Silver Lake.

“Consumer demand for premium movies and TV content, coupled with the growing number of producers, has led to a strong demand for sound stage features. “It’s a long road to growth for the entire industry and we look forward to partnering with Shadowbox to expand the company’s service offering and bring premium stage installations to key global manufacturing markets.”

Shadowbox currently operates an 850,000-square-foot studio with nine soundstages in Atlanta. Jumanji: the next level, jungle cruise Y Godzilla: the king of monsters. It is also developing an additional 1.2 million square foot space, which includes 22 new sound scenes. Upon completion of this expansion, the Shadowbox Trail in Atlanta will have 31 soundstages and exceed two million square feet.

In London, he has just completed the 150,000 square foot phase of his nearly one million square foot Shinfield Studios project in the UK, leased entirely by one of the world’s largest content creators. Once the remaining development is complete, the company will make 18 stops in the London area.

And LA Metro, which is currently developing 19 soundstages, a nearly 1.3 million square foot campus studio in Santa Clarita.

Between them, the company owns and operates a portfolio of 68 soundstages and over 4.2 million square feet of leased area, making it one of the largest players in the industry.

It also provides lighting products and rental services near a wholly owned subsidiary, Lamp Dock, as well as other lot services.

“Supporting large-scale products with world-class service is Shadowbox’s bread and butter. “Since the company’s origins as a single site operator, we have worked with local communities in Atlanta, London and Los Angeles to create more space for content creators to express themselves and provide hundreds of jobs in local markets.” , Adam said. Fisherman. , Founder and CEO of Commonwealth Asset Management and CEO of Shadowbox.

“Our partnership with Silver Lake is a huge step forward for our Shadowbox platform, not only providing significant growth capital for businesses, but also expanding our relationships in the entertainment and technology communities that are integral to Shadowbox’s future. “.