Turner International – who operate channel brands CNN, Cartoon Network, Boomerang and TCM here in the UK – has signed a lease for a new building at 160 Old Street. The new facility will take over as Tuner’s London HQ next year, when the lease on the current HQ, located at Great Marlborough Street, expires.
The new building will be home to staff supporting the portfolio of channels across the EMEA footprint, as well as a suite of digital properties and social channels, a growing consumer products business, its innovation arm Digital Ventures & Innovation, and a range of distribution, syndication, and advertising divisions.
It will also feature a new purpose-built CNN London newsroom and studio to house its Europe, Middle East and Africa newsgathering, production, broadcast and digital HQ, as well as a new global hub for CNN International Commercial operations. London-based staff of HBO, HBO Europe and Time Warner currently based at Great Marlborough Street will also relocate to 160 Old Street with Turner. Staff will begin to move out of the Great Marlborough Street facility from autumn 2019.
“We found a building that will allow us to execute our diverse and expanding range of businesses, reflects our culture and is attractive to existing and future employees, all of which was vital to our growth plans,” said Giorgio Stock, President of Turner EMEA. “This is an exciting move, which will put us at the heart of a vibrant and creative community that shares our values of enterprise and innovation. The thinking has been long in the making and this is an important moment for us as a company to mark our next incarnation in London.”