Netflix eyes iconic Radford Studio Center in Studio City acquisition

Netflix is negotiating to buy the historic Radford Studio Center in Studio City after Hackman Capital Partners defaulted on a $1.1 billion mortgage and Goldman Sachs took over the property; a sale is expected in the $330–$400 million range, targeting a landmark LA TV production site once home to shows like Seinfeld and Gunsmoke amid a broader slowdown in Southern California production and shifts in the streaming era.