Josepha Madigan (Dublin Rathdown, Fine Gael)
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The sale of the shareholding in the studio referred to by the Deputy is first and foremost a matter for my colleague, the Minister for Business, Enterprise and Innovation, Deputy Heather Humphreys.  

Minister Humphreys did however consult me about the matter and both of us welcomed  the acquisition of the studios to by a company which proposes to invest in the facility in the future. 

The Government’s capital investment plan Investing in our Culture, Language and Heritage 2018- 2027 provides for funding of €200m to be invested in media production and audio visual industries through the Irish Film Board over the next 10 years which will have a positive impact right across the country.  

This will assist in realising the vision under Pillar 4 of the Creative Ireland Programme to develop Ireland as a centre of excellence in media production. In the coming period, the Government hopes to publish a Plan for the Audiovisual Industry which will set out in greater detail how it is proposed to develop the industry further.