A $360 Million Mistake Just Proved What I’ve Been Saying About Studios & Video Production
Last week, Quixote Studios announced they’re shutting down most of their Los Angeles sound stage business, pulling out of Georgia and New Mexico entirely, and laying off 70 people. Hudson Pacific acquired them in 2022 for $360 million. The CEO recently called it “not the best deal we’ve ever done.” As someone who runs a […]