With annual operating losses of $10 million threatening to bankrupt the Motion Picture & Television Fund, fund officials said Wednesday that they must close the landmark nursing home and hospital that have served Hollywood's stars, camera operators and makeup artists for decades.

The closures will cost 290 jobs at the sprawling 40-acre Woodland Hills campus and involve moving 100 elderly patients to nearby long-term-care centers by October, the fund said in a statement.

The hospital, which officials say served no more than 10 patients at any one time, will also close by October.

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