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  • Los Angeles Times

    Studio owners revise plans for $1 billion update of historic Television City

    by Roger Vincent, Los Angeles Times Apr 04, 2024 6 minutes
    The main entrance to Television City on Beverly Boulevard at Genesee Avenue as proposed by studio owner Hackman Capital Partners.

    LOS ANGELES — The owners of Television City have scaled back their plans to enlarge and modernize the landmark Los Angeles studio where CBS began making shows to broadcast nationwide at the dawn of the television age.

    Formerly known as CBS Television City, the studio sits next to popular tourist attractions the Original Farmers Market and the Grove shopping center in the Fairfax district where it has been operating since 1952 as a factory for such hit shows as "All in the Family," "Sonny and Cher" and "American Idol."

    CBS sold the famous studio for $750 million in 2019 to Hackman Capital Partners, one of the world's largest movie lot owners and operators. CBS continues to occupy Television City as a tenant.

    Hackman Capital two years ago to expand and upgrade facilities on the lot at Beverly Boulevard and Fairfax Avenue in hopes of harnessing strong demand in the region for soundstages, production facilities and offices for rent

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