September 2024
Demand for entertainment content is also driving demand to modernize production studios.
By Nikolette Huberman Jacob
Since the golden age of cinema, Hollywood studio spaces have been providing the grounds for creative content makers. In today’s world of streaming platforms, the need for new content keeps growing, which means modern studio spaces catering to content producers’ unique needs are also in high demand. An analysis by Deloitte found that demand for bespoke production studios will continue to outpace supply in Los Angeles and New York City at least through 2025.
