Raleigh Studios, the oldest continuously operating film and TV production facility in country, will now be run by Hackman Capital Partners and its affiliate, the Mbs Group.
The shift is part of a strategic partnership between Raleigh, Hackman Capital and Mbs. Financial terms for the arrangement were not disclosed in an announcement. The 10-acre Raleigh complex, which dates to 1915, has 13 soundstages on a campus across the street from the Paramount Pictures lot, the original locus of Hollywood production.
Starting out under the name Clune Studios, Raleigh fostered the original United Artists upon its founding and served as a backdrop for a number of well-known film and TV productions. In the 1980s, it upgraded its offerings, building some of the first soundstages in L.A. to be erected in decades.
Through the new strategic venture, Hcp and Mbs will also take operational control of Raleigh’s Saticoy Studios, a 49,500-square-foot studio facility in Van Nuys,...
The shift is part of a strategic partnership between Raleigh, Hackman Capital and Mbs. Financial terms for the arrangement were not disclosed in an announcement. The 10-acre Raleigh complex, which dates to 1915, has 13 soundstages on a campus across the street from the Paramount Pictures lot, the original locus of Hollywood production.
Starting out under the name Clune Studios, Raleigh fostered the original United Artists upon its founding and served as a backdrop for a number of well-known film and TV productions. In the 1980s, it upgraded its offerings, building some of the first soundstages in L.A. to be erected in decades.
Through the new strategic venture, Hcp and Mbs will also take operational control of Raleigh’s Saticoy Studios, a 49,500-square-foot studio facility in Van Nuys,...
- 1/25/2021
- by Dade Hayes
- Deadline Film + TV
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