cinespace chicago news

Opinion | The Spectacular Fall of Lori Lightfoot - The New York Times Williamson is a native Chicagoan and rose through the ranks of commercial, non-scripted and scripted TV production starting as a production assistant. "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. Cinespace Chicago opened in 2010 and currently operates 33 stages, with an additional 15 stages undergoing development or conversion on more than 60 acres. It was a stunning rebuke. Cinespace Chicago adds 100K sq. ft. of production space as filming Cinespace Studios Sold to Private Equity Firm | Chicago News | WTTW The Hollywood Reporter is a part of Penske Media Corporation. The studio was acquired by TPG Real Estate in a deal announced Friday. Monique Scott, 51, said she is preparing to fight for the neighborhood she was raised in. I also want to thank the Mirkopoulos family for founding and building up Cinespace here in our city. While making deliveries the day after Halloween, the girls become involved in a conflict between two groups of time travelers. Stay on top of the latest advertising, film, TV, entertainment and production news. Outlets including Crains Chicago Business and Deadline.com are reporting a sale price of $1 billion. Pissios cooperation earned him a non-prosecution deal with federal prosecutors on fraud charges tied to his 2011 personal bankruptcy. 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.. Industry veteran Eoin Egan, who most recently was head of production services at Netflix, will join Cinespace as chief operating officer and a co-managing partner. CineCares is how we support, promote, and engage local communities. person to lead the city, failed to advance to a runoff, earning just 17 . DOWNLOAD THE FOX 32 NEWS APP. ft. of what use to be the old Ryerson Steel Company. The furtive chamber they thought they knew so well turns out to be much more than they could ever have imagined. 2023 The Hollywood Reporter, LLC. media@tpg.com This enterprise has been a true family business, and todays transaction marks another important milestone in our 33-year history. Force is set on Chicago's South Side and stars Chicago Northwest Side native Joseph Sikora and also welcomes Anthony Fleming (Prison Break) and Lucien Cambric (Chicago PD) to the show. TPG Real Estate Buys Cinespace Toronto, Chicago Studios for $1.1 Sign up for our free elert here. Monique Scott needed more than 50 percent of the vote to avoid a runoff. Michael Scott Jr. (24th), on June 22, 2022. Cinespace intends to grow its employee base in Chicago and Toronto, officials said. Cinespace furthers their vision to build a premier global production Theyve carefully guarded their secret, but when a mysterious young man enters their lives, the couples quiet existence is quickly upended. Were really happy to have the industry back in action on our campus, said Alex Pissios, president and CEO of Cinespace Chicago Film Studios. All Rights Reserved. The story centers around four 12-year-old girls who deliver newspapers. Cinespace | Film Studio Locations, Production and Sound Stage Facilities New production scheduled to film at Cinespace Chicago Film Studios this spring includeLightyears,61stStreet,Power Book IV: Force, and Paper Girls. Chicago is an entity of its own. The comic book series will bring a lot of excitement to the small screen exploring everything from time travel between different centuries, future versions of characters, and the question of whether or not the past can or should be changed by time travelers. Cinespace Studios announces that Jane Williamson will join the company as Head of Client Services & Studio Operations in Chicago.Nick Pissios will be leaving the position.. Jane was most recently Production Supervisor on season 2 of Lionsgate TV's Power Book IV: Force and Legendary Entertainment's Night Sky. J.B. Pritzker. The family-owned Cinespace Chicago Film Studios in North Lawndale has been sold to private equity firm TPG. Egan and Gee are accomplished executives who have significant experience building and scaling businesses. At the Intersection of advertising, TV, film and production. Launched in Chicago in 2010 by the Pissios family, Cinespace Chicago operates 33 stages, with an additional 15 stages undergoing development or conversion on more than 60 acres near Douglass Park. 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. 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. By clicking below to submit this form, you acknowledge that the information you provide will be processed in accordance with our Privacy Policy. As part of the acquisition, Eoin Egan and Keith Gee will join Cinespace as co-managing partners and COO and CFO, respectively. Cinespace Chicago Film Studio | Enjoy Illinois This timely and provocative drama is set against the systemic abuse that exists in some of our country's most vulnerable communities. Block Club Chicago is a nonprofit news organization dedicated to . Email Newsroom@BlockClubChi.org. In Toronto, Cinespace Film Studios was founded in 1988 by highly revered, (Uncle) Nick Mirkopolous. Returning series filming at the Chicago campus includeChicago Fire, Season 9;Chicago P.D., Season 8;Chicago Med, Season 6; andThe Chi, Season 4; South Side, Season 2; andThe Big Leap. Terms of the transaction were not disclosed. Scott Vs. Scott: Ald. Monique Scott Headed To Runoff Against Creative Cinespace announced in April plans to add 16 sound stages to its campus on the citys Southwest Side, with Pissios at the time telling Crains that the studio had to turn away projects, and that the expansion would add some 1,200 jobs in the local film industry. Much Shelist P.C. This enterprise has been a true family business, and todays transaction marks another important milestone in our 33-year history. Cinespace intends to grow its employee base at each studio as a result of the transaction. Cinespace Chicago Film Studios welcomes several new productions to its growing campus. Studio Babelsberg Honored as Treasure of European Film Culture, Cinespace to Expand Production Infrastructure in Port Lands to Better Serve Toronto, Hollywoods Streaming Gold Rush Keeps Ontario Soundstages at Full Capacity, Cinespace Studios Announces Updates to Platform Following Annual General Meeting at Studio Babelsberg, Cinespace Names Andy Weltman Co-CEO of Legendary Studio Babelsberg, Illinois Shatters Record for Film Production Revenues at $630 Million in Economic Impact, Chicago Public Servant Michael Scott Jr. to Join Cinespace Studios as Director of Industry and Community Relations, Cinespace and York University Commit $3.12 Million to Motion Media Studio for Students, Illinois Film Production Tax Credit Expanded. Block Club Chicago is a nonprofit news organization dedicated to delivering reliable, nonpartisan and essential coverage of Chicagos diverse neighborhoods. Im around for six more months. After that, Alex and the other members of the family owned business will no longer be involved in the operation. Subscribe for full access to The Hollywood Reporter. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. It is home to Dick Wolfs Chicago-set shows, including the One Chicago series, and Showtimes The Chi.. window.__mirage2 = {petok:"GL3.c8oBr.U4p6a6d_QPYkkKQ28t0k7.ps5ff2XyKPQ-1800-0"}; Sign up for our free elert here. Alexander Pissios, President of Cinespace Chicago Film Studios joins Steve Bertrand on Chicago's Afternoon News to talk about his plan to expand its studios by 50% by the end of 2021. ", The Honourable Doug Ford, Premier of Ontario, said: Since launching in 1988, Cinespace has been a pillar of Torontos world class entertainment industry. 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. With all precincts reporting, Monique Scott won 45.4 percent of the vote in a crowded field, while challenger Creative Scott had 12.6 percent. The soundstages for Dick Wolf's 'Chicago Fire' and Netflix's 'Umbrella Academy' have been picked up by the real estate investor amid a streaming content boom. Officials with TPG, a Texas- and California-based buyout firm, did not reveal how much it paid for Cinespaces operations in Chicago and Toronto. 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. This website uses cookies or other identifiers, which are necessary for its functioning. The show follows a couple who discovered a chamber buried in their backyard, which inexplicably leads to a strange, deserted planet. The Cinespace brand is recognized. Cinespace Chicago Film Studios has been home to NBC's Chicago Fire, Chicago Med and Chicago P.D. Skoronski is productive: in three seasons as Northwesterns starting left tackle, he allowed just five sacks in 2,364 snaps. 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 [] 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. They've carefully guarded their secret, but when a mysterious young man enters their lives, the couples' quiet existence is quickly upended. Kirkland & Ellis LLP and Davies Ward Phillips & Vineberg LLP served as legal counsel to TREP. TPG, which also owns a majority stake in the Hollywood talent agency CAA, declined to confirm that figure when contacted by the Tribune. The Midwest's production hot spot and second-largest film studio outside of Los Angeles in North America, recently added another 105,000 square foot industrial . 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. For more information on programs filming at Cinespace Chicago Film Studios or for information on CineCares Foundation, please visitChicagoFilmStudios.com orCineCaresFoundation.org. Oscar-winner Sissy Spacek and three-time Emmy-nominated Ed ONeill will star in the sci-fi drama. 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. Today's news is good news for Cinespace Studios, our city, and our thriving film sector. Cinespace Chicago specializes in the development, management and operation of studio facilities, now home to the Dick Wolf One Chicago franchise of Chicago Fire, Med and P.D. A global hub for premium content production, services and support that ensures your team reaches their fullest creative potential. TPG Real Estate Partners has purchased studio campuses in Toronto and Chicago belonging to Cinespace Studios, home to production of major films and TV series like Dick Wolfs Chicago Fire, Chicago PD and Chicago Med, Netflixs Umbrella Academy and MGMs The Handmaids Tale. From Road to Avonlea to Best Picture Oscar winner Chicago, Pompeii and The Strain, Cinespaces model of large, functional spaces and expert client service continues to make Toronto and Cinespace the premier destination for film and TV production in Canada. Skip to content Reel Chicago News At the Intersection of advertising, TV, film and production REEL PRO TPG Real Estate Acquires Leading Sound Stage Owner Cinespace Studios Cinespace Chicago sells to Texas real estate company When Hollywood comes to Chicago to film, they do it Chicago style. This website uses cookies or other identifiers, which are necessary for its functioning. Were expanding beyond our workforce development program in Chicago to Toronto so stay in touch for updates. As part of the acquisition, Eoin Egan and Keith Gee will join Cinespace as co-managing. Ald. Michael Scott Jr. resigning from City Council, joining Cinespace TPG is bringing in its own team. After a Covid-19 hiatus, Chicago's film industry is back up and running, with local film studio Cinespace Chicago adding more than 100,000 square feet of production space to keep up with demand. I am thrilled to see this acquisition expand out capability for content creation and look forward to the jobs and productions it will bring to our region.. With 42 sound stages on its 2.2 million square foot main campus in Chicago's North Lawndale neighborhood and additional studios at 31st and Kedzie, Cinespace is the largest film studio outside of California. Website. 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. The Toronto studio launched in 1988. In TPG, weve found a partner who loves our great city of Toronto, respects Cinespaces heritage and tradition of philanthropy, and has the expertise and resources to help lead the company into its next phase of growth, said Steve Mirkopoulos, president and CEO of Cinespace Toronto. Despite his legal woes and the attention from Colis indictment, Pissios has remained a player in Chicago real estate. It's how we act that makes a difference: we offer education and training to engage, support and contribute to our communities. State grants heavily financed Cinespaces expansion into Chicago under Pissios uncle, Nick Mirkopoulos, who founded Cinespace in Toronto in the 1980s. The deal includes both the Chicago and Toronto locations, which have more than 50 soundstages combined. Founded by the Mirkopoulos family in Toronto together with the Pissios family in Chicago, Cinespace specializes in the development, management, and operation of studio space and support facilities for the film, television, and digital media production industry. Power Book IV: Force, the third spin-off of the popular Starz Power series produced by Lionsgate, is also shooting at Cinespace Chicago Film Studios. Since opening in 2011, Cinespace has helped bring more than 15,000 new jobs to the area. According to the news release, TPG plans to expand upon the program, but did not provide further details. Information. Chicago has always been a major player in film and TV production, but truth be told, this family took it to a whole new level. The story centers around four 12-year-old girls who deliver newspapers. 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. Learn More Cinespace Toronto During the waning days of Gov. Watch. Forcewill 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. Community has always been core to who we are, said Alex Pissios, CEO of Cinespace. Cinespace intends to continue growing its studio base following the transaction. TPG Real Estate Acquired Cinespace Studios In Chicago And - Deadline On a personal note, the Chicago film community, the recipients of the CineCares Foundation, the Pilsen neighborhood, and the City of Chicago, owe a huge debt of gratitude to Uncle Nick Mirkopolous, Alex Pissios, and the entire Mirkopolous family for having the foresight, determination, talent, expertise, faith, and vision to raise up the Chicago film industry when others have tried and failed. The comic book series will bring a lot of excitement to the small screen exploring everything from time travel between different centuries, future versions of characters, and the question of whether or not the past can or should be changed by time travelers. The family-owned Cinespace Chicago Film Studios in North Lawndale has been sold to private equity firm TPG. 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 Lawndale. As part of the acquisition, Eoin Egan and Keith Gee will join Cinespace as Co-Managing Partners and COO and CFO, respectively. 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 . 1448 S Rockwell St Chicago, IL 60608 - Alquileres en Chicago, IL Monique Scott was sworn into City Council to replace her brother, former Ald. I look forward to seeing Cinespace and the entire film sector in the city with all the jobs that rely on it continue to grow over the coming years.". Cinespace Toronto has 23 production stages across the city, with another 12 stages planned for development on more than 40 acres. Chicago, Illinois, United States . TPGs purchase of Cinespace is not an outlier, but part of a larger trend, thanks to a nationwide shortage of available stage space due to the onslaught of projects demanded by streaming services. Clickhereto support Block Clubwith atax-deductible donation. Sources: Feds made recordings at Cinespace Chicago - Chicago Tribune ft. of what use to be the old Ryerson Steel Company. Cinespace Chicago specializes in the development, management and operation of studio facilities, now home to the Dick Wolf One Chicago franchise of Chicago Fire, Med and P.D., The Chi, Lightyears,61stStreet,Power Book IV: Force, Paper Girls, South Side, andThe Big Leap. He has the pedigree, too: his grandfather Bob was a left tackle and offensive captain on Packers teams that won five NFL championships from 1961-67. The city's (non) voters are not a monolith but crowded races and low awareness could be keeping them home, voting organizers say. This courtroom drama follows a promising black high school athlete who is swept up into the Chicago criminal justice system. Power Book IV: Force, the third spin-off of the popular StarzPower series produced by Lionsgate, is also shooting at Cinespace Chicago Film Studios. 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. About Us Locations CineCares News Contact Cinespace Chicago Cinespace Toronto Studio Babelsberg Cinespace We're the perfect partner for your next production. Cinespace was initially launched with a sizable Toronto facility in the late 1980s under the stewardship of the late Nick Mirkopoulos. I am thrilled to see this acquisition expand our capability for content creation and look forward to the jobs and productions it will bring to our region. The film studio where "Chicago Fire," "Chicago PD," "Chicago Med" and "The Chi" are filmed is being sold for $1.1 billion and will stay in Chicago, according to published reports. Pat Quinns administration in 2016, Cinespace sought a $15 million state grant to buy real estate to expand its footprint, later reducing the request to $10 million. It occupies 1.45 million square feet of what use to be the old Ryerson Steel Company. J.B. Pritzker said in the TPG statement. News about the Studio and Production Facility Industry | Cinespace As production begin to ramp back up the studio continues to strictly follow health and safetybest practices from the CDC andIllinois Guidance. Subscribe:Sign up for our FREE e-lert here. 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. Sign Up:Stay on top of the latest film, TV, advertising, entertainment and production news! Upon taking office, Quinns Republican successor Bruce Rauner, demanded Cinespace return the grant money following a Chicago Sun-Times investigation that showed that the parcels Cinespace had intended to buy were not for sale. Thanks for subscribing to Block Club Chicago, an independent, 501(c)(3), journalist-run newsroom. TPG was founded in 1992 and now has approximately $108 billion of assets under management with investment and operational teams in 12 offices around the world. 86 active stages. 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. As part of Cinespace's commitment to the neighborhood, the family established CineCares Foundation to train and employ area residents through education and job training in TV & Film. Cinespace Chicago Film Studios Being Sold For $1 Billion When current Illinois Film Office director Peter Hawley was appointed two years ago, he talked about the need for more soundstage space. Mayor Lori Lightfoot commended the investment for the jobs and productions it will bring to the city. Poles needs to make sure Eberflus maintains significant input. I am thrilled to see this acquisition expand our capability for content creation and look forward to the jobs and production it will bring to our region.. PDF Ever more enticing tax credits, locations renaissance in Chicago and The productions will bring more than 200 300 new jobs per show to the campus and play a vital role in resurrecting the television and film industry in Chicago. Consumer appetite for original content is a growing secular tend 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, TPG co-head of Real Estate Avi Banyasz said in the statement.