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Jul 15, 2024 · Warner Bros Discovery's David Zaslav and Worthe Real Estate Group's Jeff Worthe with the Burbank Studios at 3000 W Alameda Avenue in Burbank (Getty, Google Maps) Jul 15, 2024, 1:07 PM By
On October 2, 2017, Studio 1 became the official home of Blizzard Arena Los Angeles and the Overwatch League, marking the Burbank Studios' first esports broadcast. The inaugural season began on January 10, 2018, in which over 437,000 viewers tuned in live on opening night via Twitch and MLG.tv streaming platforms. [ 14 ]
Jul 15, 2024 · The three companies paid $375 million for the 27-acre film studio campus in the Burbank Media District in Southern California, property records show. Representatives announced the deal Monday but did not disclose the value of the sale. The Burbank Studios along West Alameda Avenue — which was the former headquarters of NBC Entertainment ...
- Greg Cornfield
Jul 16, 2024 · In 2023, Worthe and Stockbridge sold the former NBCUniversal property to Warner Bros. and completed its 800,000-square-foot Second Century office towers adjacent to Burbank Studios, functioning as ...
Jul 15, 2024 · Worthe Real Estate Group, QuadReal Property Group and Stockbridge Capital Group have purchased The Burbank Studios, a 27-acre film studio campus, from Warner Bros. Discovery for an undisclosed sum. Published reports put it at $375 million. The complex is located in Burbank’s Media District and totals 685,000 square feet, including eight existing sound stages, production ...
Jul 17, 2024 · The Los Angeles Times reports that the new soundstages will be built at a cost of approximately $100 million. The property is also approved for the addition of up to 400,000 square feet of offices, which could be built at a later date if market conditions improve. The Burbank Studios lot has traded hands several times in the past two decades ...
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Jul 16, 2024 · The deal is worth $375 million, according to The Real Deal, which cited a Los Angeles County record filing. Located in Burbank's Media District, the area equals 685,000 square feet.
