Entertainment Studios Signs Long-Term Lease For New Production Studio
75,000 SQUARE FOOT TELEVISION AND FILM PRODUCTION FACILITY NOW HOME TO SITCOMS, COURT SHOWS, GAME SHOWS, AND TALK SHOW PRODUCTIONS
LOS ANGELES, April 18, 2013 /PRNewswire/ -- Entertainment Studios, Inc., (www.es.tv) the largest independent producer and distributor of first-run syndicated television programming for broadcast television stations, and owner of eight 24-hour linear HD television networks (CARS.TV, COMEDY.TV, ES.TV, MYDESTINATION.TV, PETS.TV, RECIPE.TV, LEGACY.TV, and JUSTICE CENTRAL.TV) proudly announces its lease of a 75,000 square foot television and film production studio in Culver City, California.
The Culver City studio facility is located in an area commonly referred to as the "Hayden Tract." The complex is a state-of-the-art production facility, and has been home to such hit programs as Fox Television's reality show HELL'S KITCHEN, HBO's ENTOURAGE and CBS's CRIMINAL MINDS.
Entertainment Studios will also retain the Century City corporate headquarters it has occupied for the past 16 years. The corporate headquarters also expanded recently, and now occupies over 20,000 square feet of an entire floor of a Century City high rise office tower.
"This is a huge step forward for Entertainment Studios as we invest in the expansion of our company's production capacity," said Byron Allen, Founder, Chairman and CEO of Entertainment Studios. "We are now in production on 36 shows, and we are continuously producing content for our eight 24-hour HD cable television networks. Our new studio in Culver City is the perfect facility to accelerate our production output."
The transaction is a multi-million dollar, multi-year lease, and was negotiated by Terence Hill, Principal of BT Equities, Inc. representing Entertainment Studios. Travis Landrum of Industry Partners represented landlord Reisbord Family Investments in the transaction.
About Entertainment Studios
Entertainment Studios, Inc. owns eight 24-hour HD television networks: PETS.TV, COMEDY.TV, RECIPE.TV, CARS.TV, ES.TV, MYDESTINATION.TV, LEGACY.TV and JUSTICE CENTRAL.TV. The company also produces, distributes, and sells advertising for 36 television programs, making it the largest independent producer/distributor of first-run syndicated television programming for broadcast television stations. Entertainment Studios provides video content to broadcast television stations, cable television networks, mobile devices, multimedia platforms, and the World Wide Web. Our mission is to provide excellent programming to our viewers, online users, and Fortune 500 advertising partners. Our home entertainment division, Entertainment Studios Home Entertainment (ESHE), is becoming one of the premier independent suppliers of DVD, CD and umd (TM) products. With a library of over 4,000 hours of owned content and a growing array of licensed titles, ESHE markets and distributes a collection of films, television programs, concerts, fitness, and children's direct-to-video programming. Chairman and CEO Byron Allen founded the company in 1993. Headquartered in Los Angeles, it has offices in New York, Chicago, Denver, and Raleigh. For more information, visit: www.es.tv
SOURCE Entertainment Studios, Inc.
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