Days after resolving a year-long court dispute, US-based cinema and property development entrepreneurs have acquired a direct stake in Lens Media.
The courtroom drama is over between Lens Media and its financial partners. Now the business of building a state-of-the-art media park can finally begin.
Plans to develop a world-class film and TV studio park in west Dublin have been further stalled. US investors have secured a temporary injunction stopping Lens Media from moving ahead with the €26.5 million acquisition of the lands in Clondalkin.
Lens Media set out to build world-class film and TV studios in Dublin to draw the best international talent. Now the firm is on a collision course with financiers and fears it will lose the ambitious multimillion-euro project.
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