Quixote Studios has started to wind down operations in the Atlanta area, redeploying equipment and other assets to Los Angeles and New York. Separately, it’s also exiting most of its leased sound stage facilities in L.A.
The phased wind-down, which will eliminate about 70 jobs between Atlanta and L.A., Deadline hears, will take place over the coming quarters to minimize disruption for Quixote clients. Parent Hudson Pacific said Tuesday that it is looking to realize up to $27 million in annual cost savings.
The real estate investment trust acquired Quixote in 2022 for $360 million as production rebounded post-Covid with Atlanta one of the fastest-growing hubs due to generous incentives. The shift announced Tuesday is another sign of disruption in the landscape.
Quixote’s fleet, lighting and grip, production supplies and communications rental services will continue in New York and Los Angeles. And Hudson Pacific said Sunset
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