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

Courtesy/CBS

As it has been in the works for awhile,and  on Monday news broke that the CBS Corporation reached an agreement to sell its 25-acre CBS Television City property including its soundstage operations, to real estate developer Hackman Capital Partners for $750 million.

Hackman Capital also acquired the rights to use the Television City trademark.  The deal is expected to close by early 2019 on the historic property.

So what does this mean for your CBS soaps? Well, they aren’t losing their digs for quite some time!

According to the Hollywood Reporter, “CBS said that a handful of programs that film at Television City, including The Late Late Show With James Corden, The Young and the Restless, The Bold and the Beautiful and The Price Is Right, will continue being produced on the property for at least the next five years.”

In a statement Joseph Ianniello, president and acting CEO of CBS Corporation said “The sale of Television City unlocks significant value, increasing CBS’ financial flexibility, including the ability to redeploy capital for strategic growth initiatives such as additional content investment. At the same time, we will be transitioning this venerable site to a new owner who is committed to its legacy as both a cultural landmark and modern production facility. Hackman Capital has demonstrated terrific stewardship of classic properties, including their development of the landmark Culver Studios.”

So what do you think of the CBS selling TV City? Share your thoughts via the comment section below.

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Joe
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Joe

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.

Tony
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Tony

Cancel B&B, same repeated storylines. Bring back As The World Turns.

Momo
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Momo

I don’t understand the reasoning behind doing it. The shows have to film somewhere.

Barbara from Atlanta
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Barbara from Atlanta

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 »

Steve Ward
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Steve Ward

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 »

Steve
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Steve

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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49th Annual Daytime Emmy Awards Winners Circle (Photos)

Friday night at the 49th Annual Daytime Emmy Awards, the night’s big winners in daytime drama, talk shows and more, shared their first moments of their victories in the press room where they were greeted by the paparazzi, journalists and electronic media outlets from around the country.

Getting their first snaps with Emmy gold were General Hospital winners: Frank Valentini (Drama Series), Nicholas Alexander Chavez (Younger Performer), Jeff Kober (Supporting Actor), Kelly Thiebaud (Supporting Actress) along with Allison Reames Smith and Phideaux Xavier (Directing Drama Series).

Days of our Lives was represented with a win for Ron Carlivati and his writing team, while The Bold and the Beautiful long-running cast member, John McCook finally received the Lead Actor top prize, while The Young and the Restless’ Mishael Morgan made Daytime Emmy-history taking home the gold in the Lead Actress category.  Talk show host, Tamron Hall celebrated her win as well.

Take a look at some of those moments in our ‘Winners Circle’ Photo gallery below.

Now, let us know, which of these winners were you most happy to see receive a gold statuette? Share your thoughts in the comment section.

Photos: JPI

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49th Annual Daytime Emmy Awards: General Hospital, B&B’s John McCook and Y&R’s Mishael Morgan Take Top Honors

Friday night, the National Academy of Television Arts and Sciences’ (NATAS) 49th annual Daytime Emmy Awards were handed out in 15 categories on a live telecast on CBS and streaming on Paramount+.  When the dust settled, it was ABC’s General Hospital who took the night’s top prize for Outstanding Daytime Drama Series.

This marks GH’s continued record-breaking number of wins in this category and brings it up to 15 victories for the iconic show, which is currently in its 59th year on the air.  GH’s executive producer, Frank Valentini accepted the award on behalf of everyone connected with the show, when Drew Barrymore presented the final award of the night.

Photo: JPI

The night also brought with it the historic win of The Young and the Restless’ Mishael Morgan (Amanda Sinclair). The actress became the first black actress in Daytime Emmy history to ever take home the Lead Actress Daytime Emmy.  In the emotional highpoint of the evening, in terms of acceptance speeches and significance, Morgan spoke to the current generation breaking glass ceilings.

Morgan expressed: “We are breaking glass ceilings left right and center and I am so honored to be a vessel and to experience this moment. Everybody out there today, we can do this thing called equality and unity together.”  In her speech, Mishael shared: “I was born on a tiny island in the Caribbean, and I’m now standing on an international stage and I am being honored regardless of the color of my skin, regardless of my passport, for being the best at what I do, Now there are little girls around the world and no matter what the industry, the vocation they can strive to be the best.”

Veteran actor, John McCook who has played Eric Forrrester on The Bold and the Beautiful for over 35 years, finally won his first ever Emmy after four previous nominations in the Outstanding Lead Actor in a Drama Series.

Courtesy/CBS

The Supporting Actor and Actress in a Drama Series trophies went to two standouts from General Hospital, Kelly Thiebaud (Britt) and Jeff Kober (Cyrus), while Nicholas Alexander Chavez (Spencer), added another mantle to the GH trophy case with his first win for Outstanding Younger Performer.

Days of our Lives writing team led by Ron Carlivati took home the gold for Outstanding Writing in a Drama Series, while GH won for Direction.

The biggest winner in terms of total gold belonged to The Kelly Clarkson Show. When all was said and done, between the Creative Arts ceremonies held last weekend, and last night, the talk show took home 7 awards including: Outstanding Entertainment Talk Show and Talk Show Host. General Hospital followed with five total wins for Daytime Emmys 2022.

The ceremonies featured DAYS Suzanne Rogers (Maggie) anchoring the Lifetime Achievement Award presentation to her longtime co-star John Aniston (Victor), who was not present, with the help of John’s daughter, Jennifer Aniston, who was seen on tape.

Susan Lucci (Ex-Erica, All My Children) made her first public appearance since the passing of her beloved husband, Helmut Huber and introduced the In Memoriam segment.  Grammy-winner Michael Bolton performed his classic tune “How Am I Supposed to Live Without You” during the tribute.

Entertainment Tonight’s Kevin Frazier and Nischelle Turner were the hosts for the telecast, and with the overturning of the Supreme Court Roe vs. Wade decision on everyone’s mind last night, Turner gave a nod to how she and so many others felt, when Frazier told her how nice she looked in her dress. Nishcelle commented, “I chose this dress. It was my choice.”  That moment received huge applause from the audience in attendance.

Check out the full winners circle list from last night’s 49th Annual Daytime Emmy Awards below. 

Then let us know, are you happy with the results? Who were you most thrilled to see take home an Emmy? What did you think of the telecast? Share your thoughts in the comment section.

Outstanding Daytime Drama Series

General Hospital 

Outstanding Lead Performance in a Daytime Drama, Actress

Mishael Morgan, The Young and the Restless

Outstanding Lead Performance In A Daytime Drama, Actor

John McCook, The Bold and the Beautiful

Outstanding Supporting Performance, Actor, in a Daytime Drama

Jeff Kober, General Hospital

Outstanding Supporting Performance, Actress, in a Daytime Drama

Kelly Thiebaud, General Hospital

Outstanding Younger Performer in a Drama Series

Nicholas Chavez, General Hospital

Outstanding Writing Team For a Daytime Drama

Days of Our Lives

Outstanding Directing Team for a Drama Series

General Hospital

Outstanding Game Show Host

Steve Harvey, Family Feud 

Outstanding Game Show

Jeopardy!

Outstanding Entertainment News Series

Entertainment Tonight

Outstanding Entertainment Talk Show Host

Kelly Clarkson, The Kelly Clarkson Show

Outstanding Entertainment Talk Show

Kelly Clarkson, The Kelly Clarkson Show

Outstanding Informative Talk Show Host

Tamron Hall, Tamron Hall

Outstanding Informative Talk Show

Turning the Tables with Robin Roberts 

 

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Lamon Archey and Sal Stowers Exit Days of our Lives

Coming up on Days of our Lives, both Lani and Eli Grant will be written off the canvas to facilitate the departures of Lamon Archey (Eli) and Sal Stowers (Lani).

According to the latest issue of Soap Opera Digest on newsstands now, Archey who stepped into the role in 2017, has made the decision to leave the long-running NBC soap opera, and will last air the week of July 4.

As for Stowers, she will last air on Friday, July 1st, and given her current storyline, it looks like Lani, who has confessed to murdering TJ (William Christian), will either be sent to prison, or will exit Salem with Eli.

This would not be the first-time that Stowers has departed DAYS.  After her debut in 2015, she was off the Salem canvas for a six-month break in 2016, before returning to the show through 2022.

We will share more information on Lamon and Sal’s exits as it comes to light.

For now, how do you feel about Lamon and Sal leaving Days of our Lives? Comment below.

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Cameron Mathison talks with Michael Fairman on taking on the role of GH’s Drew Cain, the latest developments in Port Charles for Drew. his busy career outside of soaps and the loss of his mother and his public battle with cancer.Leave A Comment
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