The Coronation Building, which is owned by the Live Theatre, has been revealed as the preferred location for a major new recording studio in the heart of Tyneside.
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00:00The state-of-the-art facility will include recording studios, editing suites and podcasting spaces, all equipped with cutting-edge technology to support a variety of creative endeavours.
00:11Additionally, the studio will feature collaborative spaces aimed at fostering interaction and innovation between artists, producers and industry professionals.
00:20The goal is to create a hub for both local talent and international artists, making it a key location for creative work in the music industry.
00:27The Coronation Building, which is owned by The Live Theatre, has been revealed as the preferred location for this major new recording studio in the heart of Tyneside.
00:36Newcastle City Council and The Live Theatre are now drawing up plans that would see the Grade II listed Coronation Building, where Generator is based, be transformed into the state-of-the-art development.
00:48Council bosses signed off last week on an initial £48,000 investment, including a £29,000 grant to The Live Theatre to fund initial design works that will drive forward the proposals.
00:59It's hoped that the North East Mayor, Kim McGuinness, will also provide financial backing for this scheme, once a full business case has been readied.
01:07The project has been met with widespread enthusiasm, particularly from local officials and stakeholders.
01:14Newcastle City Council and the North East Combined Authority have expressed strong support, seeing the studio as a catalyst for both job creation and economic growth.
01:23Newcastle City Council leader Karen Kilgour said,
01:26We and our partners in the public and private sectors have stated our ambition to see a world-class recording studio in Newcastle.
01:33Coming on the back of the highly successful Millwall Awards, this would cement the city's grown reputation for having a talented and lively music scene and give a platform to up-and-coming artists.