Rhythm & Hues has sold its El Segundo HQ for $25 million

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  05 May 2013
Rhythm & Hues has sold its El Segundo HQ for $25 million

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The former El Segundo headquarters of the visual effects studio Rhythm & Hues has been sold for $25 million to real estate developers who plan to upgrade it and turn it into an office campus for creative firms.

Rhythm & Hues wasacquired in March in a bankruptcy auction by an affiliate of Hollywood-based Prana Studios. Rhythm & Hues filed for bankruptcy protection in February, just weeks before winning an Academy Award for its work on "Life of Pi."

http://www.latimes.com/business/la-...0,6235219.story
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  05 May 2013
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