Netflix Sets Sights on Radford Studio Center in L.A.

Netflix is in final talks to buy the Radford Studio Center lot in Studio City, Los Angeles, for about $330 million, a deal that would give it ownership of a major production campus and could reshape its L.A. footprint beyond its current Sunset Studios leases through 2031. Radford, a 55-acre site with 22 soundstages, would bolster Netflix’s production capacity in Los Angeles as local studios face softer demand, potentially setting terms for lenders and signaling a landmark move for the industry.