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Hackman Capital Partners is dealing with over $357 million in debt as production levels in Los Angeles decline. Deutsche Bank has begun selling Television City, a studio lot owned by Hackman, while also seeking buyers for Manhattan Beach Studios. The financial strain follows a shift in the studio market and significant drops in production activity.
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Hackman Capital Partners is dealing with over $357 million in debt as production levels in Los Angeles decline. Deutsche Bank has begun selling Television City, a studio lot owned by Hackman, while also seeking buyers for Manhattan Beach Studios. The financial strain follows a shift in the studio market and significant drops in production activity.
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Owner of Historic Television City Piles Up $357 Million In Debt...Hollywood productions at historic lows...
Hackman Capital Partners Faces $357 Million Debt as Studio Production Declines