# Netflix's Lot Deal Stalls

> Netflix's acquisition of Radford Studios lot stalls after talks with Hudson Pacific.
- Title: Netflix's Lot Deal Stalls · TheWrap | Shortify
- Summary: Netflix's acquisition of Radford Studios lot stalls after talks with Hudson Pacific.
- Keywords: netflix, radford studios, hudson pacific, trinity audio, los angeles, studio space, hollywood, TheWrap
- Source: TheWrap — https://thewrap.com/industry-news/business/netflix-radford-studios-lot-deal-stalls
- Author: Jacob Bryant
- Published: 2026-11-06T22:55:18+00:00
- Read time: 1 min
- Topics: netflix, radford studios, hudson pacific, trinity audio, los angeles, studio space, hollywood, entertainment, culture, business
## Hudson Pacific CEO says deal stalled
Hudson Pacific CEO Victor Coleman states Netflix has not closed the acquisition of Radford Studios lot and may not decide until later this year.

> Netflix has not closed that transaction, and they are not deciding to close it until sometime, maybe, later in the year, or not
## Netflix weighs studio space needs
Netflix reportedly assesses how much studio space they need in Los Angeles going forward after previous owners defaulted on a $1.1 billion mortgage.
## Radford Studios lot history
Radford Studio Center was bought by Hackman Capital Partners for $1.85 billion in 2021 and was to be renovated with $1 billion investment in 2023.
## Key takeaway

Netflix's plan to buy Radford Studios lot stalls as Hudson Pacific says transaction not closed until later this year.