That is the news here: the friction did not stop the deal. Deadline’s RSS summary says Netflix, after losing out earlier in the year on the Warner Bros. lot in Burbank to David Ellison, is still “ploughing ahead” on the long-rumored Radford transaction and expects to take control in the next several months.
There is a familiar Hollywood logic to that. Streaming companies may present themselves as borderless services, but studio control is still discussed in the language of lots, landlords and who gets to stop renting. Even in this thinly sourced version of the story, the tension is easy to read: Netflix did not get one high-profile property, and is still pushing for another.
The landlord angle adds a little industry pettiness to what is otherwise a straightforward real-estate and power story. Deadline’s summary does not detail the remarks, so there is no reason to pretend the insult matters more than the transaction itself. The useful fact is the sturdier one: Netflix is proceeding anyway.
Isla Camilleri
Alex de Valletta
Sophia Borg