Hollywood Celebrates the Opening of Europe's Greatest New Studio: Raleigh Studios Budapest

LOS ANGELES, Feb. 9 /PRNewswire/ -- Raleigh Studios, the largest independent studio operator in the United States, will commemorate the grand opening of their newest state-of-the-art studio facility in Budapest by bringing the magic of Hungary to Hollywood. The invitation-only gala will be held at Raleigh Studios Hollywood, located at Melrose Ave. on February 18th, from 7 p.m. until midnight.

The exclusive guest-list, consisting of top studio executives, celebrities, press and members of the film industry, will be treated to Hungarian food and wine tasting, entertainment, giveaways and a virtual tour of Raleigh Studios Budapest with studio displays. Members of the press will have the opportunity to meet studio executives representing all walks of film-making. They'll also be able to learn about and experience all the ground-breaking features the new studio has to offer.

"We are very excited about this project. It will give producers a chance to experience all the great things Europe has to offer the film making process while giving them the comfort and quality of a 'Hollywood Style' studio operation and all the confidence that comes in dealing with a known entity," said Michael Moore, president of Raleigh Studios.

Raleigh Studios Budapest's doors will open in April 2010 and there is no question the new facility will provide the same excellent standard of service as Raleigh's other facilities in the United States.

The massive studio, located less than 20 minutes from all major hotels and downtown Budapest, boasts 9 sound stages, a 45,000 sq. ft super stage, and a 15-acre backlot perfect for outdoor set builds. FotoKem is managing a post production facility on site, complete with film lab, visual effects and digital capabilities. There is full set and location lighting and grip with Hollywood Rentals, transportation, scenic, camera as well as production services and line producing with Raleigh Film. There will be a production training school to help build on Hungary's existing pool of well experienced film crews. Raleigh Studios partnered up with Origo Film Group in this exciting expansion into Europe. The facility offers administration services for film incentives and tax rebates exclusively in Hungary. Hungary offers a tax credit that covers up to 25% of production costs. The experienced crews, low labor costs and the city's diverse architecture gives producers an excellent advantage over other countries and traditional European studio facilities.

For more information about Raleigh Studios or the Raleigh Studios Budapest opening, please go to www.raleighstudios.com.

SOURCE Raleigh Studios