Walt Disney Co. will move out of the Fox Studio Lot, where it has been the primary occupant since 2019, the Los Angeles Times reported.
Disney bought most of 21st Century Fox’s entertainment assets in 2019 and moved into the lot, the LA Times reported. The transaction didn’t include studio real estate, which is still owned by Fox.
Disney’s lease at the property expires in March 2026, but anonymous sources told the LA Times that Disney will be gone by the end of this year.
The company has spent the last year moving into space in Burbank, where it has a considerable and longstanding footprint, the LA…