Hollywood studio up for sale
September 28, 2011
By Chris Forrester
The Hollywood studio where Atlanta burned in Gone With The Wind, and Citizen Kane was filmed, is up for sale. The Culver Studios, owned over the years by Cecil B DeMille, RKO, Howard Hughes and Lucille Ball’s Desilu operation and was ‘home’ to people like Joseph Kennedy, David O Selznick, and productions such as Peyton Place and where the pilot for the Star Trek franchise was shot.
More recently the 14-acre studio and its 13 sound stages has been owned by Sony Corp (since 1991) who sold it to a consortium of private equity backers led by Pacific Coast Capital Partners, Lehman Bros and Picbengro for $125 million in 2004.
Real estate specialists CB Richard Ellis is selling the site.