# Streaming giant planning to scoop up massive Hollywood studio lot at a deep discount

- URL: https://talkfuse.com/story/streaming-giant-planning-to-scoop-up-massive-hollywood-studio-lot-at-a-deep-discount/
- Published: 2026-11-12T02:05:43+00:00
- Updated: 2026-11-12T02:20:51+00:00
- Original publisher: New York Post (publisher lean: Right)
- Original article: https://nypost.com/2026/11/11/us-news/netflix-set-to-buy-historic-la-radford-lot-for-400-million/
- Topics: Entertainment, Film, TV, World

## Key points

- Netflix is expected to bid $400 million for Radford Studio Center.
- The 55-acre lot was bought for $1.85 billion in 2021.
- The sale could expand Netflix’s Los Angeles production capacity.

## Summary

Netflix is expected to bid about $400 million for Radford Studio Center, a historic 55-acre Los Angeles lot where shows including “Seinfeld” were filmed. The purchase would expand Netflix’s production capacity in the area as local film and television output is at a record low.

Lenders led by Goldman Sachs are seeking about $1.3 billion, roughly the debt owed, but the expected sale price is far below the $1.85 billion Hackman Capital Partners paid in 2021. Lenders took the property back about nine months ago and are arranging its sale at a 24 November auction; the structure may also avoid a city tax estimated at about $22 million. Netflix already leases space at Sunset Studios and also films at Raleigh Studios.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.