Real estateUpdated November 7

Netflix hasn’t closed the Radford deal.

The due-diligence clock has already been stretched: a person familiar with the transaction told The Hollywood Reporter its initial 90-day period was extended, while cautioning that this alone didn’t mean the deal wouldn’t close. On a Nov. 5 earnings call, Hudson Pacific CEO Victor Coleman said Netflix hadn’t closed and wasn’t deciding whether to do so until later in the year, if at all. But a source close to Netflix told the outlet the deal was progressing on agreed milestones. So the work is moving, according to one source, while the purchase remains unclosed and its future uncertain.

2 publishers2 reports

Coverage started November 6