KTLA-TV’s Studio in a Possible Sale

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The owner of Sunset Gower Studios in Hollywood has a preliminary agreement to buy the former Warner Bros. studio a few blocks away that is now home to station KTLA-TV Channel 5, according to people who know about the deal, the Los Angeles Times reports.


Los Angeles investment firm Hudson Capital is still negotiating terms of the sale with Tribune Co. of Chicago, which owns KTLA, the Los Angeles Times and several other media outlets, the people said.

Tribune representatives declined to comment on the pending sale, and Hudson Capital managing partner Victor Coleman did not return phone calls. However, Hudson Capital is the likely buyer, according to people aware of the transaction who asked not to be identified because the negotiations are secret.


Tribune announced in August that the studio, at the southeast corner of Sunset Boulevard and Bronson Avenue, was for sale. The block-size lot also houses Tribune Entertainment and Tribune Studios.


The property includes the prominent Colonial-style mansion facing Sunset that was built by Warner Bros. in 1919. TV shows filmed at Tribune’s production facilities on the property — but separate from KTLA — include “Judge Judy,” “Judge Joe Brown” and “Hannah Montana.”


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