Netflix Looks to Buy Historic Studio City Radford Lot at Steep Discount

1 month ago 14

Rommie Analytics

Netflix is looking to buy the Radford Studio Center, a historic television and film lot in Studio City, Calif., months after the previous owners Hackman Capital Partners allegedly defaulted on a $1.1 billion mortgage. The streamer is in talks to scoop up the famed property, where "Gilligan's Island" and "Seinfeld" were notably filmed, "for a fraction of its 2021 $1.85 billion sale price," according to a Tuesday report from Bloomberg. Per the outlet, the deal has yet to close, as the final price hasn't been locked in - though, it's expected to be "one-third" of its . . .
Read Entire Article