Channel 5 will remain at the Sunset Boulevard location indefinitely. The sale to Hudson Capital has been pending since last year and went through at $125 million. The familiar landmark beside the Hollywood Freeway was the home of Warner Bros. from 1919 until the studio departed Hollywood for Valleywood after taking over First National Studio in the late 1920s. More at LA Biz Observed.

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Kevin Roderick blog
11:31 AM Fri | The actor gives CBS' "Person to Person" a tour of his Studio City home of 20 years. He moved to Los Angeles almost ten years before; his dad Nick Clooney...
Mark Lacter, LA Biz Observed
11:53 AM Fri | I'm not sure L.A. will be the first place to see a pullback.
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