Walt Disney Co. is set to leave the Fox Studio Lot by the end of this year as its lease expires next March. Disney became the main tenant after acquiring 21st Century Fox's entertainment assets in 2019, but has opted not to renew its lease. This departure puts pressure on Fox Corp. to secure new tenants for the iconic studio, known for producing classics like 'The Sound of Music' and housing key properties like Fox Sports and 'The Simpsons.' Disney's move marks a retreat from Fox branding and further separation from Murdoch's legacy.
Fox executives say they are bullish on finding new occupants for the Fox Lot, citing its prime location and premium production facilities.
Disney's lease for space on Fox's Pico Boulevard property in Los Angeles expires next March, and the company plans to leave by year's end.
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