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Television City Studio Owner Bets $1 Billion on L.A. Production Comeback

The entertainment industry in L.A. has endured a tough couple of years, with the strikes, layoffs and the production slowdown leading to headlines like โ€œHollywood Is Ditching Hollywood.โ€ Despite the gloom, studio facilities are pushing ahead with expansion plans. Construction is underway on a $500 million build at Warner Bros. Ranch, and Comcast is pouring [โ€ฆ]

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