Manchester’s iconic new cultural venue to be named Aviva Studios, as Aviva, Manchester City Council and Factory International announce new partnership

Aviva, Manchester City Council and Factory International today announce a long-term partnership which includes landmark support for Manchester's iconic new arts and culture venue to be named Aviva Studios¹. The venue, which will be the home of Factory International, is predicted to add £1.1 billion to the economy of Manchester² and the surrounding region over a decade. It will support up to 1,500 direct and indirect jobs² and provide training and engagement opportunities for people of all ages and backgrounds.

The multi-million pound investment by Aviva, the UK's leading insurance, wealth and retirement business, will make a substantial contribution to the building and future success of this world-class venue - a resource for Manchester, the North, and the UK for many years to come. Audiences will be invited to preview the trailblazing cultural space during this year's Manchester International Festival (29 June 2023 - 16 July). Aviva Studios' official opening will be in October with the production Free Your Mind, a large-scale immersive performance based on The Matrix films and created by Danny Boyle, Es Devlin, Sabrina Mahfouz and the co-founders of Olivier Award-winning Boy Blue.

Programmed and operated by Factory International, the organisation behind the world-renowned Manchester International Festival, the new venue will host a year-round programme of original creative work, music and special events by some of the world's leading artists. Its development is the largest investment in a national cultural project since the opening of Tate Modern in 2000, thanks to £106m of public funding from HM Government and Arts Council England, with additional backing from Manchester City Council.

Aviva will also work closely with Factory International and Manchester City Council on a number of initiatives linked to long-term sustainability and community impact. This includes being the Principal Partner of the Factory Academy, Factory International's award-winning skills training programme which provides opportunities for careers in Manchester's ever-growing creative industries. A core aim of the Factory Academy is to diversify the workforce in an increasingly important sector for the region. As part of Factory International's affordable pricing strategy, which will see discounted tickets for those who need them across the year-round programme, Aviva will also support its £10 ticket scheme, to be known as 'Aviva £10 Tickets'.

Amanda Blanc, Group Chief Executive Officer, Aviva said:

"Aviva is thrilled to be backing this new, world-class arts building in Manchester. It builds on Aviva's leading role in the UK, serving more than 15 million customers, employing 16,000 people, and investing billions each year into the UK's regional economy.

"The new Aviva Studios will help make arts and culture more accessible and inclusive and follows the significant investment Aviva Investors has already made in Manchester, such as the development of Enterprise City."

The new building has been designed by the world-leading Office for Metropolitan Architecture (OMA), led by architect Ellen van Loon, and is the acclaimed practice's first major public building in the UK. It will ensure Manchester is a destination for world-class architecture, defining it as a modern, cosmopolitan world city. Built with flexibility in mind, the building is based around large, open, adaptable spaces that can be constantly reconfigured, enabling artists to develop and create large-scale artistic work of invention and ambition.

With its waterfront location, the new building is the anchor of the new St John's neighbourhood, a dynamic cultural, creative and technological hub which will make a major contribution to the ongoing regeneration of this part of the city centre. It lies at the heart of an extensive cultural quarter, including the Science and Industry Museum next door, and within walking distance from other city centre cultural sites, including The People's History Museum, Everyman Cinema, John Rylands Library, the Opera House, Royal Exchange Theatre and HOME.

The benefits Aviva Studios will bring include:

Factory International is on a committed path towards zero-carbon activity. Using operational data from 2024 as the benchmark, Factory International's ambition is to become a zero-carbon emissions organisation by 2038. Factory International will operate a 'Zero Waste to Landfill' policy, and work towards a circular economy approach to materials, seeking to reuse wherever possible. This aligns to Aviva's ambition to become a Net Zero carbon emissions company by 2040.

The multi-million pound investment by Aviva was brokered on behalf of Manchester City Council and Factory International by Elliot Willis, CEO of WEEM Group.

Bev Craig, Leader, Manchester City Council:

"Aviva Studios, as the home of Factory International, will be a nationally and internationally important cultural attraction in the heart of Manchester.This multi-year, multi-million pound partnership reflects the magnitude of the venue not just for the city but for the north of England and the UK as a whole.

"This will be a momentous year for the venue as audiences experience its wow factor and enjoy inspiring art in its incredible spaces for the first time. It has undoubtedly been a challenge to create this remarkable building with its unique design against a difficult construction context, including rocketing inflation, without diluting the ambitious vision behind it.

"The new partnership helps make this possible, as well as supporting Factory International's ongoing success and work with the community to open up access to the arts and training opportunities. The Council will receive the largest share of funding, supporting our up-front investment in the venue and the wider St John's neighbourhood, as well as adding social value.

"Aviva has the credentials to be an ideal partner. We are looking forward to collaborating with them on this amazing venue and welcome the expansion of their existing commitment to Manchester."

John McGrath, Chief Executive & Artistic Director, Factory International, said:

"This historic new partnership will provide vital support for the construction and future life of our landmark new home, building on the generous public funding support already pledged to the project. Aviva's values and commitment align with our own and we will also be working together on a range of initiatives, from sustainability to our £10 ticket scheme to ensure that our programme of work is accessible to all. They will also be principal partner on Factory Academy, a programme that is changing the landscape in terms of access to jobs in the creative industries for people from every background.

"With the city council, we are all committed to strengthening Manchester's reputation as a nationally and internationally important centre for culture and creativity, as well as bringing jobs, skills, training and creative opportunities for local people and artists."

Sir Nicholas Serota, Chair, Arts Council England, said:

"We are delighted at the news of this major support from Aviva to the landmark new home of Factory International, the most significant cultural venue to be built in the UK in recent years. The creative and cultural sector in this country is founded on the relationship between public and private sector investment. The newly-named Aviva Studios has benefited from very significant public sector investment throughout its development, from HM Government, Manchester City Council and Arts Council England, and we very much welcome the commitment of Aviva to support the venue going forward."

Ends

Media Enquiries:

For Aviva:
Philippa Terry, Senior Manager, Financial Communications
M: 07385537458
E: [email protected]

For Manchester City Council:
Roger Williams, Head of Media
M: +44 (0)7855 366502
E: [email protected]

For Factory International:
Emma Robertson, Head of Press & PR
M: +44 (0) 781 352 1104
E: [email protected]

Sources:

1. The name (Aviva Studios) makes reference to the creative heritage of the site where the venue is located which includes the Old Granada Studios, the legendary Manchester landmark which was home for many decades to the likes of Coronation Street, So It Goes, and The Beatles' first ever televised performance.
2. Economic impact assessment by specialist economic development and regeneration consultancy, Ekosgen.

Notes to Editors:

Aviva

• We are one of the UK's leading Insurance, Wealth & Retirement businesses and we operate in the UK, Ireland and Canada. We also have international investments in India, China and Singapore.
• We help our 18.7 million customers make the most out of life, plan for the future, and have the confidence that if things go wrong we'll be there to put it right.
• We have been taking care of people for more than 325 years, in line with our purpose of being 'with you today, for a better tomorrow'. In 2022, we paid £23.2 billion in claims and benefits to our customers.
• Aviva is a market leader in sustainability. The scale of our business gives us the ability to invest in community infrastructure and real estate, including healthcare, education, transport, housing, water and renewable energy. In 2023 we announced a goal to invest £25 billion over the next ten years into UK infrastructure and real estate. Find out more about our community goals and action at www.aviva.com/sustainability/communities
• Aviva is a Living Wage, Living Pensions and Living Hours employer and provides market-leading benefits for our people, including flexible working, paid carers leave and equal parental leave. Find out more at www.aviva.com/about-us/our-people/
• In 2021, we announced our plan to become Net Zero by 2040, the first major insurance company in the world to do so. This plan means Net Zero carbon emissions from our investments by 2040; setting out a clear pathway to get there with a cut of 25% in the carbon intensity of our investments by 2025 and of 60% by 2030; and Net Zero carbon emissions from our own operations and supply chain by 2030. Find out more about our climate goals at www.aviva.com/climate-goals and our sustainability ambition and action at www.aviva.com/sustainability
• While we are working towards our sustainability ambitions, we acknowledge that we have relationships with businesses and existing assets that may be associated with significant emissions. More information can be found at www.aviva.com/sustainability/climate/
• As at 31 December 2022, total Group assets under management at Aviva Group were £352 billion and our estimated Solvency II shareholder surplus is £8.7 billion. Our shares are listed on the London Stock Exchange and we are a member of the FTSE 100 index.
• For more details on what we do, our business and how we help our customers, visit www.aviva.com/about-us
• The Aviva newsroom at www.aviva.com/newsroom includes links to our spokespeople images, podcasts, research reports and our news release archive. Sign up to get the latest news from Aviva by email.
• You can follow us on:
• For the latest corporate films from around our business, subscribe to our YouTube channel: www.youtube.com/user/aviva

Manchester City Council

Manchester City Council has overseen Manchester's celebrated renaissance, from a declining post-industrial city to one of the fastest growing and most exciting cities in Europe. The Council has championed the role of culture as a catalyst to regeneration as well as an important end in its own right.

Factory International

Factory International is the organisation behind both Manchester International Festival (MIF), and the landmark new cultural space, Aviva Studios, which welcomes its first visitors in 2023, creating a global destination for arts music and culture in the heart of Manchester.

Factory International will commission, produce and present an ambitious year-round programme of original creative work, music and special events at its new venue, online, and internationally through its network of co-commissioners and partners. It will also stage the city-wide Festival every other year, at its new home and in venues and spaces across Greater Manchester. Driven by the same interests and ambitions that defines MIF, artists will be encouraged to create work in new ways, to collaborate across disciplines and blur the boundaries between art and popular culture.

Designed by Ellen van Loon of the world-leading practice Office for Metropolitan Architecture (OMA), the building is based around large, open, ultra-flexible spaces that can be constantly reconfigured, enabling large-scale artistic work of invention and ambition that isn't made anywhere else in the world. It will offer audiences the opportunity to enjoy year-round, in a new world-class facility, the broadest range of art forms - from major exhibitions and concerts, to intimate performances and immersive experiences - including over 80 gigs a year. Outside, its public areas will come alive with pop-up performances, events and markets, creating a thriving riverside destination for audiences to enjoy.

International in spirit and practice, Factory International will collaborate with venues, festivals and companies across the world to commission artists together. Working with local, national and international partners and co-producers, it will produce and premiere major new work, before it travels globally, and share ideas, projects and training with peers worldwide.

Through the Factory Academy, it will become a major training centre for local people, helping to build the technicians, producers and other creative talent that will bring the future alive, while its pioneering programmes of engagement and artist development will benefit local people and the next generation of creators.

Rooted in Manchester, Aviva Studios will strengthen the city's status as a national and international centre for culture, creativity and innovation, as well as a major visitor destination. The economic impact of Aviva Studios will be considerable, creating or supporting up to 1,500 direct and indirect jobs and adding £1.1 billion to the city's economy over a decade.

Its development is being led by Manchester City Council, with backing from HM Government and Arts Council England.

Weem Group

Weem Group has spearheaded the development of commercial assets, formulated an effective go-to-market strategy, and led the charge in pitching, negotiating, and executing this transformative multi-year partnership with Aviva on behalf of MCC and Factory International.

Weem Group continues to propel businesses towards unprecedented success in the marketing and advertising sector. The strategic insights and exceptional execution demonstrated throughout this venture exemplify Weem Group's commitment to driving unparalleled growth and achieving remarkable milestones in the ever-evolving media landscape.

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