Report: Tribune sells historic Hollywood studio for $125 million

LOS ANGELES -- An investment firm has purchased the original Warner Bros. studio for $125 million from Tribune Co., according to a published report.

Hudson Capital bought the historic Hollywood studio complex, the firm's managing partner Victor Coleman told the Los Angeles Times in a story posted on its Web site late Wednesday.

It was the first major sale of Tribune property since Chicago real estate mogul Sam Zell took over the company, which owns the Times, the Chicago Tribune, and other media outlets, the report said.

Messages left with Tribune late Wednesday were not immediately returned.

The block-size lot now serves as home for Tribune Entertainment and Tribune Studios, which produces syndicated TV shows for the Chicago-based company. Television shows filmed at Tribune's production facilities on the lot include "Judge Judy" and "Hannah Montana."

Also on the lot is Tribune-owned local TV station KTLA, whose executives have said the station would remain there as a tenant indefinitely.

Hudson also bought the nearby Sunset-Gower Studios, once home to Columbia Pictures, in August for $200 million.