In June 2012, the Manx parliament approved proposals for a multi-million pound deal with Pinewood Shepperton studios.

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The period drama Belle began production in the Isle of Man on 24 September and was the island's first collaboration with Pinewood Shepperton studios.

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The former Channel 4 boss, who remains executive chairman of Pinewood and Shepperton Studios and chairman of the Octopus publishing group, is also likely to use his broadcasting experience to lobby for a relaxation of the rules restricting the way television can cover lottery draws.

BBC: Michael Grade

"Today's agreement is another step forward for the Pinewood brand internationally, " said Ivan Dunleavy, CEO of Pinewood Shepperton PLC, which has studios in the United Kingdom, Canada, the Dominican Republic, Germany and Malaysia.

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Pinewood Shepperton, the film and television studios group, has said it will invest millions of pounds in British films.

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