The Rank Group and Rank España in Spain (10 bingo clubs). Rank is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. The company was formed to acquire the business interests of the Rank Organisation, which itself was formed out of the business interests of its founder, J. Arthur Rank. Until the start of the 21st century, the group still had a tremendous amount of leisure holdings; however, as the decade progressed it divested these interests, beginning with Pinewood Studios and the Odeon cinema chain. It also shed its engineering interests, such as its share in Rank
Elstree Studios opened a film vault service. The Rank Organisation bought the music stage for the production of documentary films. It later became the headquarters of the film and sound-effect libraries. Amalgamated Studios Ltd constructed a large studio on the north side of Elstree Way between 1935 and 1937, but its plans collapsed and the facility was soon sold to Rank, who never used it for making films. After a brief period owned by the Prudential, the studios were purchased by the American film studio Metro-Goldwyn-Mayer (MGM) in 1944 and was renamed MGM-British Studios. After improvements the studio contained seven stages totalling