# Streaming entertainment giant Netflix is in negotiations to buy the historic Radford Studio Center movie lot in Studio City.

*business · news · 2026-04-21 · Los Angeles Times*

## Key points

- Netflix is negotiating to buy the Radford Studio Center in Studio City, Los Angeles.
- Radford Studio Center's previous owner, Hackman Capital Partners, defaulted on a $1.1-billion mortgage in January.
- Goldman Sachs currently owns the property and is negotiating a sale to Netflix for $330–$400 million.
- Hackman and Square Mile Capital bought the lot in 2021 for $1.85 billion from ViacomCBS.

**Companies:** Netflix, Hackman Capital Partners, Square Mile Capital Management
**Countries:** United States

[Read the full story on Los Angeles Times](https://www.latimes.com/business/story/2026-04-21/netflix-plans-to-buy-historic-movie-studio-cbs-radford)

---

Canonical: https://newsio.io/n/d707021f-a341-4615-bf5b-f7734ebc9847/streaming-entertainment-giant-netflix-is-in-negotiations-to-buy-the-historic-rad
Summarized by Newsio from Los Angeles Times. https://newsio.io/how-it-works
