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Worthe Real Estate Group
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- Worthe Real Estate Group and partners bought the 27-acre film and television production facility now known as Burbank Studios from Warner Bros. Discovery after a complicated $1-billion series of transactions over several years that allowed Warner Bros. to expand its Burbank headquarters.
www.latimes.com/business/story/2024-07-16/new-sound-stages-planned-in-burbank-after-studio-sale
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The Burbank Studios (formerly known as NBC Studios) is a television production facility located in Burbank, California, United States. The studio is home to Days of Our Lives, Extra, the IHeartRadio Theater, and was formerly home to the Blizzard Arena (home of the Overwatch League).
Warner Bros. Studios Burbank, formerly known as First National Studio (1926–1929), Warner Bros.-Seven Arts Studios (1967–1970) and The Burbank Studios (1972–1990), is a major filmmaking facility owned and run by Warner Bros. Entertainment Inc. in Burbank, California, United States. [1]
Jul 15, 2024 · Worthe Real Estate Group, QuadReal Property Group and Stockbridge Capital Group have acquired the iconic Burbank Studios as part of a yearslong deal with Warner Bros. Discovery. The three companies paid $375 million for the 27-acre film studio campus in the Burbank Media District in Southern California, property records show.
- Greg Cornfield
Jul 15, 2024 · Worthe Real Estate has bought back Warner Bros. Discovery’s Burbank Studios, about a year after selling the sprawling 27-acre studio campus to the entertainment giant.
Jul 16, 2024 · After Worthe Real Estate Group sold Burbank Studios to Warner Bros. Discovery last year, the property owner and developer has bought the 27-acre studio campus back from the entertainment group.
Apr 15, 2019 · Current owner Jeff Worthe acquired the studio complex in 2007 from NBC’s then-owner, General Electric Co. (NBCUniversal executives later regretted the sale, according to one knowledgeable...
Warner Bros. Entertainment Inc. (commonly known as Warner Bros., [a] or abbreviated as WB, or WBEI) is an American film and entertainment studio headquartered at the Warner Bros. Studios complex in Burbank, California, and a subsidiary of Warner Bros. Discovery (WBD).