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Netflix Buys Historic LA Studio
19 Jun
Summary
- Netflix is consolidating its real estate footprint.
- The company is under contract to buy Radford Studio Center.
- This historic Los Angeles studio space is involved in the deal.
Netflix is moving to consolidate its real estate operations by acquiring the historic Radford Studio Center in Los Angeles. The streaming giant is reportedly under contract to purchase the sprawling studio lot, marking a significant step in its real estate consolidation efforts. This acquisition aims to centralize Netflix's growing physical footprint within Hollywood. The Radford Studio Center, a site with a rich history in film production, represents a strategic acquisition for the company's future operational needs.
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