Global film company Pinewood Studios is to create a new studio in Cardiff in a deal agreed with the Welsh Government.
First Minister Carwyn Jones has unveiled the plans at a press conference with Economy Minister Edwina Hart and Pinewood Shepperton Chief Executive Officer Ivan Dunleavy.
Pinewood and Shepperton Studios have been home to more than 1,500 films, including the James Bond franchise, and Carry On series.
The 180,000 sq ft studios facility will be created in the former Wentloog Environmental Centre in Cardiff and will form part of Pinewood’s global network of film studios. The deal is set to generate an estimated £90 million spend with Welsh businesses.