# Netflix Buys Historic Radford Studio

Page: https://stenobird.com/podcast/venice-beach-news-today-2-min-news-the-daily-news-now-7561931/netflix-buys-historic-radford-studio
Text version: https://stenobird.com/podcast/venice-beach-news-today-2-min-news-the-daily-news-now-7561931/netflix-buys-historic-radford-studio.md
Podcast: [Venice Beach News Today | 2 Min News | The Daily News Now!](https://stenobird.com/podcast/venice-beach-news-today-2-min-news-the-daily-news-now-7561931)
Published: 2026-06-20T07:52:11+00:00
Episode link: https://api.fastcast.ai/audio/32456310-d2db-48ac-b4aa-12a0cb9892f5.mp3
Audio file: https://api.fastcast.ai/audio/32456310-d2db-48ac-b4aa-12a0cb9892f5.mp3
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Duration seconds: 85

## Resource

Netflix is set to snap up the iconic Radford Studio Center in LA for $400 million — a steep discount from its $1.2 billion sale just a few years ago — as its former owner, Hackman Capital Partners, faces crushing debt. With Hollywood’s real estate market cooling due to rising rates and post-strike production slowdowns, Netflix is making a bold pivot: buying, not leasing. This acquisition, expected to close in Q3, signals the streaming giant’s push to own prime studio space and build a central hub for its expanding content empire. Support the show: Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai. View sources & latest updates: https://sources.thednn.ai/4cc687a6c5f7863f

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