Reports by Fox Business “Max Gorden” from Los Angeles, California at the “Occidental” studio that is currently on sale.
A well -known film studio in Los Angeles is very much on sale with eight figures.
Owners of the occurrence study are seeking to sell Historical film studio for $ 45 million.
“This is a place with a whole history. It was first built back in 1913 Some movies Even there was a sound, “Fox Business correspondent Max Gorden posted on Wednesday.” It is complete with office space. It is complete with bungalows, and then there are four stages of sound. ”
The estate of Occedental Studios is priced at $ 45 million. (Cbr)
Phase 1, the largest of its sound stages, sprays 14,000 square meters and has 54 feet high ceilings, he said.
Overview of the interior of stage 1 in the studio of Occedental. (Cbr)
“If we cannot sell $ 45 million or have the conditions we are satisfied, it will not only be a money game, it will be a successor player,” Occidental CEO Holdings Group Craig Darian told Fox Business. “We hold a work of art and will be stubborn in the next generation. It will not be sold only to anyone.”
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They want the next owner of the Occidental Studio to continue filming on the property, according to Gorden.
Another movie studio reportedly acquired singer Johnon Meyer and film producer McGG last year for a price similar to what the owners of the “Okcidal Studio” are looking for. That property, Jimim Jenson Studio, traded with his hands in a deal of approximately $ 44 million.
The sound phases in Los Angeles recorded an average capture rate of 63% last year, reports. That marked a fall of five percent from 2023.
Hollywood has competed with other places in the United States and other countries to make films and television in recent years, according to Gorden.
Los Angeles sees a continuous drop in film and television production
He also posted MPs in California He recently approved a measure to abolish the amount of money awarded to the state tax loans program and television to $ 750 million a year. It was previously $ 330 million.
Los Angeles is currently home to approximately 8 million square meters of stage production. (Etienne Laurent / AFP through Getty Images / Getty Images)
“It’s more active, frank than proactively,” Darian told Fox Business. “Whether it’s too little, too late, it’s a game that we’ll have to pay attention to. Our lawmakers It will have to be very careful about how important this industry is. ”
The Los Angeles entertainment industry “brings over $ 30 billion to California and supports over 200,000 local jobs”, according to the Department for Economic and Labor Development in the city of Los Angeles. It is also an important driver of tourism for the city.
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Los Angeles is currently home to approximately 8 million square meters on the stage of production, according to Filma.
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