Turner Europe, Middle East And Africa’s New Headquarters From January 2019
From January 2019, Cartoon Network EMEA (Europe, Middle East and Africa) will have a new home in London, the new European headquarters will be moved to 160 Old Street in Shoreditch. Turner EMEA’s departments will start moving from the old HQ at Turner House, 15 Great Marlborough Street from autumn 2019. The new site will provide a brand new working environment for its staff and to allow expansion for its television channels business and for its digital services including the company’s Digital Ventures & Innovation division.
The new HQ will house a new purpose-built CNN London newsroom for CNN’s Europe, Middle East and Africa news team and will also serve as a new global office for CNN International’s commercial operations. The company will be able to expand their digital offering in Europe which supplements its existing linear TV offering, this could mean more web services such as subscription video on-demand services, websites and mobile apps. The new HQ is located within the world class creative and technology area of London. Prior to Turner signing the new lease, 160 Old Street was occupied by the UK’s national postal service – Royal Mail. The property lease was agreed and signed with The Great Ropemaker Partnership (GRP), a 50-50 joint venture between Great Portland Estates plc (GPE) and Ropemaker Properties.
HBO (Home Box Office) will also move from its current home at Turner House to the new HQ along with other departments in the Time Warner media group. The reason why Turner is relocating is because the lease at 15 Great Marlborough Street is about to expire, which meant the company had to find another location, also the company’s decision to stay and expand its European division in London shows optimism for the British media industry despite Brexit.
Prior to the move to Great Marlborough Street in 2001, Cartoon Network Europe was based in Soho Square and CNN’s European bureau was based in Rathbone Place, the purpose of the move to Great Marlborough Street was to amalgamate Turner’s operations into one single location.
From The Turner EMEA Press Release: Turner Takes Lease for New London Premises in Old Street
Global media company Turner, whose news, kids, general entertainment and sports brands includes CNN, Cartoon Network, Boomerang and TCM, has taken a lease on 160 Old Street EC1 to take effect from January 2019. The site will become its new London headquarters when the lease on its current Great Marlborough Street site expires. Staff will begin to move out of Turner UK’s current premises from autumn 2019.
Turner’s move to the new site provides a fresh working environment for staff supporting the portfolio of channels it programmes out of London and 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 also means 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.
The move will also include London-based staff of HBO and HBO Europe and Time Warner currently based at Great Marlborough Street who will relocate to 160 Old Street with Turner.
The expiry of the lease at GMS and the decision to move to Old Street coincides with a time of fast-paced evolution at Turner as it transforms from a historically channels-led operation, into a fan-first content creation and curation business delivering multiplatform products and services across the kids, news, sports and general entertainment genres. It forms part of a wider initiative from Turner to invest in new locations for its offices, with Rome, Madrid, Stockholm, Dubai and Warsaw being recent examples in EMEA, all of which will combine to better position the company for growth.
“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 Turner EMEA. “This is an exciting move which will put us at the heart of a vibrant and creative community which 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.”
The lease agreement has been concluded with The Great Ropemaker Partnership (GRP), a 50-50 joint venture between Great Portland Estates plc (GPE) and Ropemaker Properties.