Making Creator Headlines · Page 1
Netflix Loses One Studio Lot and Keeps Shopping for Another
· New York time
Netflix is moving ahead with plans to take control of Radford Studio Center in the coming months, Deadline reports, after losing the contest for the Warner Bros lot in Burbank to David Ellison earlier this year. The prospective Radford deal has also drawn criticism from Netflix's current Sunset Boulevard landlord. Even in the streaming age, a Hollywood property discussion can still find room for a landlord dispute. The move concerns more than a recognizable address. A studio lot provides physical space for productions, a useful asset for a company whose audience sees the finished work on screens at home. Netflix built its reputation by sending entertainment into living rooms. Now it is pursuing more of the real estate where entertainment gets made. The reported timetable points to a deal still moving forward, not a completed transfer. If it closes, the acquisition would give the streamer a place in the long tradition of Hollywood companies owning the infrastructure behind their productions. It would also put an unmistakably physical item on a business plan often discussed in terms of subscriptions and digital libraries. The algorithm can recommend a show, but it cannot provide a soundstage. For that, the company still has to negotiate over a lot, with all the familiar personalities that come with one.
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