Netflix's Bid to Buy Radford Studio Lot Stalls
· Entertainment · United States
Netflix's bid to buy the Radford Studio lot has stalled, according to The Hollywood Reporter. The purchase, if completed, would give the streaming giant ownership of a major Los Angeles production campus. Netflix's move into studio real estate reflects a broader push by streamers to secure production capacity as content spending remains elevated.
Why it matters:Owning a major L.A. lot would deepen a streamer's control over production capacity, and a stalled deal shows how such real-estate bets can hinge on financing and market conditions.
Key points
- The deal would hand Netflix ownership of a Los Angeles production campus.
- Terms and reasons for the stall were not disclosed in the report.
Sources (original reporting)
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