Hudson Capital LLC is combining two legendary Hollywood studio lots to become one entity and changing the studios' names to Capital Studios.
Los Angeles-based Hudson purchased the former KTLA/Tribune Studios for about $125 million earlier this year and the Gower Studios, two blocks away, for roughly $190 in August 2007.
The former Sunset Gower Studios will now be called Capital Studios at Sunset Gower, while Sunset Bronson Studios (formerly KTLA/Tribune Studios) will be known as Capital Studios at Sunset Bronson. Capital Studios will have a combined total of 23 sound stages and more than 700,000 square feet of office production and support space located on 28 acres in the heart of Hollywood.
"This is much more than a name change," said Howard Stern, a Hudson principal. "We see a prime opportunity to redefine what the independent studio experience will be for the foreseeable future."
That includes multi-million dollar renovations and aesthetic upgrades to the new main entrance and new exterior. Capital Studios at both the Sunset Gower and Sunset Bronson locations are currently home to high-profile film and television shows such as "Hannah Montana," "Judge Judy" and "Trivial Pursuit."
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