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Radford Studios

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business1 month ago•15 min saved

Netflix Seeks Radford Studio Lot as Foreclosure Auction Heats Up

Netflix is among the leading bidders for the Radford Studios lot in Studio City, a 55-acre property that Hackman Capital Partners put into foreclosure and that Goldman Sachs is seeking to sell, with rumors circling around a roughly $400 million price; no deal is finalized yet, but Netflix is considered a top contender, while Hackman remains involved and both sides declined to comment. The sale fits into Netflix’s broader studio expansion strategy, including a planned $1 billion Fort Monmouth project and various incentive programs elsewhere.

via Variety|

#business #goldman-sachs #hackman-capital-partners

business1 month ago•13 min saved

Netflix Eyes Radford Studios Purchase as Bronson Lease Nears End

Netflix is near a deal to buy Radford Studio Center in Studio City from Hackman Capital Partners as it ends its 10-year lease at Sunset Bronson Studios. The 22-stage Radford campus, long used by hits such as Seinfeld and The Mary Tyler Moore Show, was bought in 2021 for about $1.85B by Hackman and Square Mile, who later unveiled a $1B upgrade plan that never materialized. With the Bronson lease expiring later this year, Netflix views the acquisition as a strategic move at the right price, though the deal would hinge on financing after Hackman reportedly defaulted on the mortgage earlier this year.

via Deadline|

#business #hackman-capital-partners #hollywood

television2 years ago•1 min saved

Tragic Death on Set of Marvel's 'Wonder Man' Production

A crew member working on Marvel Studios’ “Wonder Man” TV series at Radford Studios in Los Angeles died after falling from a catwalk, prompting an investigation into the circumstances of the accident. The man, identified as a rigger, was not filming at the time of the incident, and the production company expressed condolences and support for the investigation. The International Alliance of Theatrical Stage Employees also expressed shock and sadness over the tragic loss.

via The New York Times|

#accident #crew-member #marvel

entertainment2 years ago•0 min saved

Tragic Death on Marvel's 'Wonder Man' Set: Crew Member Killed in Studio Accident

A crew member working on the set of Marvel Studios’ Wonder Man at Radford Studios died after falling from the rafters, although the series was not filming at the time. The production is set to start next month, and the studio expressed condolences and support for the investigation into the accident. Wonder Man stars Yahya Abdul-Mateen II and follows the story of Simons Williams, a character with ionic talents and a history with the Avengers.

via Deadline|

#accident #entertainment #marvel-studios