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This story first appeared in the Nov. 14 issue of The Hollywood Reporter magazine.
Comcast is beckoning its properties home.
Three years after the company acquired NBCUniversal, its networks E!, Esquire Network, Bravo and Oxygen — long staples of L.A.’s Miracle Mile’s media row — will be gravitating their staffs toward the company’s Universal City headquarters beginning in 2015. The networks will move in to the Universal Studios-adjacent 10 Universal City Plaza in a phased process starting in September and running through August 2016.
“We are coming to a termination point in the lease [at the current Wilshire Courtyard building, owned by Manhattan developer Tishman Speyer] and have made a decision to leave and are moving into a company-owned property,” says NBCUniversal rep Sarah Goldstein. Comcast purchased the 36-story tower for $420 million in October 2013 in one of L.A. County’s biggest commercial real estate deals last year.
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