Breaking News
CBS Sells Television City; Y&R and B&B To Remain On Property For At Least Next Five Years

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After five years, then what? They’ll either move the shows to a new location, or cancel them. I guess we’ll just have to wait and see.
Cancel B&B, same repeated storylines. Bring back As The World Turns.
I don’t understand the reasoning behind doing it. The shows have to film somewhere.
I don’t live in Los Angeles but, having visited, I think I understand it. Television City seems to be in a prime real estate location in the middle of town. Nearby is the Farmer’s Market and an upscale retail/entertainment complex called the Grove. I think real estate in Los Angeles is unusually expensive and, given the size of Television City and it being in a desirable part of Los Angeles, the prospect of purchasing the lot surely would interest a developer. There really is no reason that a television studio would need to be sited on such valuable property: Would… Read more »
The soaps, Price is Right, Dancing with the Stars (an ABC show) all lease space from CBS. CBS does not give them the studio just because the show airs on CBS. When each show’s contract is up, the shows will decide whether to stay at TV City or move to another studio such as Burbank where Days is taped. NBC sold its Burbank studios years ago. It, too, is owned by a Real Estate conglomerate. CBS needs the money for use elsewhere. CBS has Studio City where it’s local TV stations are located and other production facilities. This change will… Read more »
I wouldn’t worry too much about the shows being impacted. Even after 5 years, development is likely to occur on the parking lot and back area that houses prep facilities.
Although it owned by CBS, Television City is also the home non-CBS shows like Dancing with the Stars and American Idol.
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