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London Film School withdraws from Barbican move

3 August 2015 3:13 AM, PDT | ScreenDaily | See recent ScreenDaily news »

Exclusive: Private funding shortfall and tough economic climate halt move.

The London Film School has withdrawn from a deal with the City of London Corporation to relocate to the Barbican Centre in 2017.

The Lfs had secured a lease to convert Exhibition Hall 1 on Golden Lane/ Beech Street into a $19m-$22m (£12m-£14m) new film school. But a shortfall in private investment and the tough economic climate has led to the move being cancelled.

The proposed relocation was publicly announced in September 2013 with the lease signed in January 2015.

It is understood that the prestigious school, whose alumni include Mike Leigh, Michael Mann, Duncan Jones and Tak Fujimoto, had $2.8m (£1.8m) of pledged support from Creative Skillset and additional pledges from a number of private individuals and Trusts. However, it was unable to unlock the level of private funding required for the move.

A relocation from Covent Garden is still on the cards, according to Lfs »

- andreas.wiseman@screendaily.com (Andreas Wiseman)

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1 item from 2015


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