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
Highbury Studios throughout the Rank Organisation, which had suffered heavy financial losses. Occasional films were still made there by other companies, and it became increasingly used as a television studio. Highbury Studios The Highbury Studios were a British film studio located in Highbury, North London which operated from 1937 until 1956. The studios were constructed by the producer Maurice J. Wilson. During its early years the studio was hired out to independent production companies. Following the Second World War, Highbury was acquired by the Rank Organisation which used it to make low-budget second features featuring the company's rising actors. The studio was