Gainsborough Pictures was a British film studio based on the south bank of the Regent's Canal, in Poole Street, Hoxton in the former Metropolitan Borough of Shoreditch, north London. Gainsborough Studios was active between 1924 and 1951. The company was initially based at Islington Studios, which were built as a power station for the Great Northern & City Railway and later converted to studios. Other films were made at Lime Grove and Pinewood Studios. The former Islington studio was converted to flats in 2004 and a London Borough of Hackney historical plaque is attached to the building. The studio is best remembered for the Gainsborough melodramas it produced in the 1940s. Gainsborough Pictures is now owned by Gregory Motton. History Gainsborough was founded in 1924 by Michael Balcon and, from 1927, was a sister company to the Gaumont British, with Balcon as Director of Production for both studios. Whilst Gaumont-British, based at Lime Grove Studios in Shepherd's Bush, produced the "quality" pictures, Gainsborough mainly produced 'B' movies and melodramas at its Islington Studios. Both studios used continental film practices, especially those from Germany, with Alfred Hitchcock being encouraged by Balcon — who had links with UFA — to study there and make multilingual co-production films with UFA, before World War II. In the 1930s, actors Elisabeth Bergner and Conrad Veidt, art director Alfred Junge, cinematographer Mutz Greenbaum and screenwriter/director Berthold Viertel, along with others, joined the two studios. The studio's opening logo, of a lady (Celia Bird then Glennis Lorimer) in a Georgian era period costume, sitting in an ornate frame, and turning and smiling, was based on the portrait of Sarah Siddons by Thomas Gainsborough. The short piece of music was written by Louis Levy and called the Gainsborough Minuet. After the departure of Balcon to MGM-British, the Rank Organisation gained an interest in Gainsborough and the studio made such popular films as Oh, Mr Porter! (1937) and Hitchcock's The Lady Vanishes (1938). By 1937, Gaumont-British was in financial crisis, and closed its Lime Grove studios, moving all production to the Islington Poole Street studio. However, the tall factory chimney on the site was considered dangerous in the event of bombing during World War II, and so Gainsborough Studios was evacuated to Lime Grove for the duration of hostilities. From 1943 to 1946, Gainsborough produced a series of studio-bound costume melodramas for the domestic market, which became known collectively