The question may boil down to whether the streaming giant is looking for a new Los Angeles headquarters, or a lot of studio soundstage space to own.

When news broke in late April that Netflix was in advanced negotiations to snap up the historic Radford Studio Center in Studio City, talk in Hollywood quickly turned to the potential domino effect that the buy could have.

One direct impact could be to Hudson Pacific, the company that currently leases to Netflix its Los Angeles headquarters at Sunset Bronson Studios on Sunset Boulevard. As of now, the Ted Sarandos and Greg Peters-led streaming giant occupies three buildings (the ICON, EPIC and CUE) totaling more than 700,000 square feet of space at the complex and paying $27.3 million in annual rent for the space through September 2031. It also leases Raleigh Studios Hollywood from Hackman Capital, with that deal also set to expire in 2031.

The Source: https://www.hollywoodreporter.com/business/business-news/netflix-radford-studio-center-1236589169/