The Rank Organisation Davis cut staff, reduced budgets and concentrated film production at Pinewood. Other studio facilities (in Islington) were closed, sold (Lime Grove Studios) or leased (Denham). The Rank Organisation closed Independent Producers Ltd. The policies of Davis alienated many in the industry, in particular they led film director David Lean, responsible for some of Rank's most critically and financially successful films, to look elsewhere for backing. In 1949, the company bought the Bush Radio manufacturing facility and began to diversify its interests. In the early 1960s Rank took over Murphy Radio to form the Rank Bush Murphy Group (which was eventually
The Rank Group Xerox, selling Rank Leisure Machine Services to Gamestec plus all its Butlins, Warner and Haven Holidays holiday and recreation facilities, which were all sold to Bourne Leisure. The company then sold off its nightclub division, Rank Entertainment, as well as its interest in Universal Studios Florida, and disposed of the Rank film library to Carlton Communications, to which it had recently also sold the Rank Screen Advertising Film Division, which was latterly known as Cinema Media (now Digital Cinema Media). In December 2005, Rank sold Deluxe Film (formerly Rank Film Laboratories) for £430 million, effectively ending its 60-year association with