Netflix In Negotiations To Buy Radford Studios

Netflix is reportedly negotiating to buy Radford Studio Center in Studio City from Hackman Capital Partners as its 10-year lease on Sunset Bronson Studios expires later this year. Radford is a 22-stage, nearly 100-year-old campus that sold in 2021 for $1.85 billion; Hackman defaulted on the mortgage earlier in 2026. The move would secure long-term production capacity for Netflix, potentially lowering future studio leasing costs and supporting content production scalability, though it would require significant capital outlay or financing. Market impact is likely muted near-term (operational/capital decision) but could be viewed positively by investors focused on Netflix’s content infrastructure and margin control if the price and financing are attractive.