After almost 20 years in the business, the BC government has sold the six hectare, six stage The Bridge Studios to a West Vancouver company.

Larco Investments paid $40 million, for BC's venerable first film studio. The previous owner, PavCo - a crown corporation - ran the studio since the late 1980s to help develop the province's then fledgling film industry.

PavCo runs BC Place and the Convention Centre.

Larco owns and operates retail centers, hotels and convention facilities across Canada. It is owned by the Lalji family. The studio currently has 5 full-time employees and MGM is still an outstanding tenant.

The new owners plans to continue to run The Bridge as a film studio keeping it's 5 full-time employees.

Full Story (Playback Magazine)