A US property developer that owns studios where films including Gone with the Wind and TV shows such as The Sopranos were filmed is investing £300m to build a Hollywood-style production complex in Dagenham, east London.
The council estimates the studio will create 1,200 jobs and contribute £35m a year to the east London economy.
While the coronavirus pandemic brought the film and TV production industry to a halt the UK remains a world leading location for Hollywood blockbusters and big budget TV dramas.
“This is a very special moment for Dagenham, our capital and all those who have been working hard to realise this bold vision of bringing a new world-class film studio to east London,” said the mayor of London, Sadiq Khan.