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LA Sound Stage Occupancy Drops Amid Production Challenges

1/27/2026

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Story summary
  • Occupancy for Los Angeles sound stages fell to 63% in 2024, down from 69% in 2023.
  • Hackman Capital Partners defaulted on a $1.1 billion mortgage for Radford Studio Center.
  • Independent studios still struggle to find tenants amid soft demand.
  • Fox is expanding its production slate.
  • California's revamped film tax credits may spur local production.