Warner have decided to buy the Watford based Leavesden studios for a cool £100 million and turn it into their hub for European production specialising in Special Effects and location filming as well as film editing.

The studio has been in operation since 1995 and was established to in an old Rolls-Royce factory in the small village of Leavesdon to film the James Bond movie Goldeneye because Pinewood Studios was full at the time.

Since it's opening the Studio has seen blockbusters such as the Harry Potter series, Star Wars Episode 1 and scenes from The Dark Knight file there.

When you think that back in the early 90's the film production in Britain was at an all time low we now have a thriving British film industry, this can only help.