Quixote to Wind Down Sound Stage and Atlanta Operations [Yahoo! Finance]
Hudson Pacific Properties, Inc. (HPP)
Last hudson pacific properties, inc. earnings: 2/20 06:00 am
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Source: Yahoo! Finance
its Quixote subsidiaries will commence the phased wind-down of leased sound stage facilities and Atlanta-area operations, along with other ongoing cost optimization efforts. Select equipment assets are expected to be redeployed from Atlanta to Los Angeles and New York where Quixote's fleet, lighting and grip, production supplies and communications rental services will continue. These actions, which will take place over the coming quarters to minimize disruption for Quixote clients, represent another approximately $21-$27 million in potential annualized cost savings. Sunset Studios, Hudson Pacific's separately owned studio portfolio, remains unaffected and continues to demonstrate resilient demand fundamentals. Sunset Studios' flagship Hollywood stages are 96% leased and the newly delivered Manhattan stages are 100% leased, underscoring that best-in-class, purpose-built studio real estate in prime locations continues to attract strong tenant interest even amid more moderate productio
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News
- Quixote Studios Shutters Atlanta Operations, Lays Off 70 Amid Production Downturn [Yahoo! Finance]Yahoo! Finance
- Quixote production services vendor to wind down most of its soundstage business in L.A. [Yahoo! Finance]Yahoo! Finance
- Quixote production services vendor to wind down most of its soundstage business in L.A. [Los Angeles Times (CA)]Los Angeles Times
- Quixote to Wind Down Sound Stage and Atlanta OperationsBusiness Wire
- Hudson Pacific Properties (HPP) was upgraded by Zacks Research from "hold" to "strong-buy".MarketBeat
HPP
Earnings
- 2/26/26 - Miss
HPP
Sec Filings
- 4/29/26 - Form SCHEDULE
- 4/23/26 - Form DEF
- 4/23/26 - Form ARS
- HPP's page on the SEC website