But the inexorable rise of streaming, given a boost by the pandemic, is driving demand for studio space.
“The quantity, the budget, the amount of films and TV shows being made in all the [world’s] main production hubs is all increasing.
Dagenham is not alone as developers enter a race for space in the UK, banking on the continued growth in demand fuelled by streamers from Netflix to Amazon and Disney+.
The coronavirus pandemic may have shut cinemas and choked off the supply of new films and TV shows, but developers are banking on the streaming boom by pouring hundreds of millions of pounds into building Hollywood-style studios in the UK.