In September 2013 S4C began a study into the possible relocation of its headquarters. In March 2014 it was announced that Carmarthen was the winner with a bid led by the University of Wales Trinity Saint David. The University owns the land where the Canolfan S4C Yr Egin would be built. The building would also be home to other companies in the creative industries. There was a strong bid for relocation to Caernarfon but there was disappointment that the bid was unsuccessful.