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ViacomCBS Confirms It Is Looking To Sell CBS Studios Radford Lot

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deadline.com
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A week after completing the sale of Black Rock, the longtime New York City headquarters of CBS, ViacomCBS is now looking to part with its CBS Studios campus in Studio City.CBS CEO George Cheeks confirmed in a memo to employees that the company has hired commercial real estate firm JLL to investigate all options for the space.

He said the move “aligns with our strategy to divest non-core assets like real estate and direct that value to priorities such as creating more of our best-in-class content.”While Cheeks acknowledged that employees will likely have questions related to the decision, he assured them the company would have adequate capacity for broadcast and studio production.Since CBS and Viacom reunited in December 2019, many

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