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Deal for Los Angeles studio complex shows how specialty creators are helping drive demand

Comedy streamer buys former XRM Media hub in Burbank, California
A specialty entertainment company has acquired the former XRM Media studio in Burbank, California, taking control of a fully built‑out production hub near major legacy studios. (CoStar)
A specialty entertainment company has acquired the former XRM Media studio in Burbank, California, taking control of a fully built‑out production hub near major legacy studios. (CoStar)
CoStar News
February 9, 2026 | 8:13 P.M.

A buyer with ties to a comedy content video platform is leveling up from rented stages to a studio of its own, purchasing a facility in one of Los Angeles’ most established media hubs that lets the streamer run its show from a single address.

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