Pinewood Studios: Business Case and Economic Impact Assessment
Pinewood Studios: Business Case and Economic Impact Assessment
Pinewood Studios: Business Case and Economic Impact Assessment
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
<strong>Pinewood</strong> <strong>Studios</strong> Ltd<strong>Pinewood</strong> <strong>Studios</strong>: <strong>Business</strong> <strong>Case</strong> <strong>and</strong> <strong>Economic</strong> <strong>Impact</strong> <strong>Assessment</strong>January 2013<strong>Pinewood</strong> staff – according to data provided by PSL, there are currently 112 full-timeequivalent (FTE) <strong>Pinewood</strong> Studio employees. Figure 4.4 shows that over 50% travelless than 16 km (10 miles) from their place of residence.Figure 4.4: Distance travelled from employee residence to <strong>Pinewood</strong> <strong>Studios</strong> 55Distance from employee residence to <strong>Pinewood</strong><strong>Studios</strong> (miles)60-6455-5950-5445-4940-4435-3930-3425-2920-2415-1910-145-90-40.0% 5.0% 10.0% 15.0% 20.0% 25.0% 30.0% 35.0% 40.0%% of total <strong>Pinewood</strong> employeesThe largest proportion (17.0%) of employees, in terms of 5-year age b<strong>and</strong>s, are agedbetween 30 <strong>and</strong> 34. Around 56% of employees are aged between 25 <strong>and</strong> 44. Thecurrent male/female split is 69%/31%.tenant company employees – PSL analysis is that permanent FTE employment withintenant companies equates to approximately 750 people. The survey of tenantsundertaken on behalf of AMION suggests that there could actually be a much highernumber. However, in order to be cautious, an estimate of 750 FTE jobs has beenassumed;Of the 177 tenant companies located at <strong>Pinewood</strong>, 69.5% were considered to bedirectly involved in production activity (direct), whereas the remaining 30.5% wereconsidered to provide supporting goods <strong>and</strong> services (support) to productions.<strong>Pinewood</strong>’s tenant companies fulfil a wide range of functions. The largest proportionof companies (direct <strong>and</strong> support) operate in the ‘Production companies’ (17.5%),‘Equipment providers’ (13.6%) <strong>and</strong> ‘Production crafts’ (13.0%) sectors. Figure 4.5shows a breakdown of all <strong>Pinewood</strong>’s tenant companies by sector/function.55This analysis is based on road mileage from employee residence to place of work.46