As Netflix and Paramount fight to buy Warner Bros. Discovery, Hackman Capital Partners is bracing for impact. Los Angeles-based Hackman, the largest independent owner and operator of soundstages, is facing high studio vacancy rates and depressed rents, the Wall Street Journal reported. The firm owns more than 60 soundstages at six studio properties in the L.A. region but has seen occupancy shift as more productions move outside the city. Regardless of whether Netflix or Paramount emerges as the buyer of Warner Bros. Discovery, demand for soundstage space will likely drop as Warner Bros. owns a large amount of its own […]
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