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Depressed production levels force Hackman Capital to relinquish control of studio complexes across L.A. A bid for Manhattan Beach Studios involves plans to clear its soundstages.
Orbital Studios is relocating to Television City in Los Angeles, partnering to bring a new virtual production studio to the Fairfax District. This move marks the arrival of advanced virtual production capabilities at the historic Television City lot.
Zach Sokoloff, an executive running Television City and Radford lots, is campaigning to unseat incumbent Kenneth Mejia as L.A. Controller, backed by $4 million in family funding.