The new chairman of the corporation is Michael Grade, who starts his job on 17 May.
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News of the deal comes just weeks after Michael Grade quit as BBC chairman during key talks over the licence fee.
The Madness concert was followed on BBC Four by Goodbye Television Centre, a two-hour show hosted by former BBC Chairman Michael Grade.
News that a further planning application was imminent was revealed at the group's Annual General Meeting on Tuesday by Pinewood Shepperton Plc chairman Michael Grade.
The diverse judging panel includes TV presenters Ruby Wax and Dermot O'Leary, comedian and actress Nina Wadia, advertising boss Matthew Freud and former Channel 4 chief executive Michael Grade.
NMEC's board, packed with experienced businessmen such as Michael Grade, a former chief executive of Channel 4, and Sir Brian Jenkins, chairman of Woolwich, a bank, believed the original visitor forecasts.
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Supposedly they found one in Michael Grade, one of the grand old men of the industry, who worked for LWT, the BBC and as chief executive of Channel 4 before quitting television.
Again, I wasn't party to the negotiations, but it's probably no coincidence that the new chief executive of ITV is Michael Grade, who was our chairman here at the BBC until four months ago.
And he was emphatic in stating that Channel 4 would not introduce regional news bulletins, in response to comments by ITV chairman Michael Grade that his network's regional coverage may be outsourced in future.
Hosted by former BBC chairman Michael Grade in front of a studio audience, it will feature interviews with the likes of Sir David Attenborough, Ronnie Corbett, Noel Edmonds, Sir David Jason and Sir Terry Wogan.
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