In this July 30, 2018, photo the logo for CBS Corporation is displayed above a trading post on the floor of the New York Stock Exchange. CBS says it has sold Television City, its Los Angeles headquarters and production facility, to a real estate developer for about $750 million. (AP Photo/Richard Drew, File)
LOS ANGELES --
CBS says it has sold Television City, its Los Angeles headquarters and production facility, to a real estate developer for $750 million.
Shows on Television City sound stages include "The Late Late Show with James Corden" and "The Price is Right." They will continue to be based there for at least five more years.
CBS said Monday that the buyer is Hackman Capital Partners and that it will have the right to use the Television City name in connection with its future operations on the property.
The media giant says the sale will increase its "financial flexibility."
CBS purchased the property in 1950 when it expanded operations from New York to the West Coast.
Shows produced there include "All In The Family," ''Three's Company," and "America's Got Talent."
Indian film directors Shyam Benegal, right, is seen during a discussion on Indian Cinema in Hyderabad, India, Monday, Feb. 18, 2008. (AP Photo/Mahesh Kumar A, File)
Shyam Benegal, a renowned Indian filmmaker known for pioneering a new wave cinema movement that tackled social issues in the 1970s, has died after suffering from chronic kidney disease. He was 90.
His contribution to cinema was recognized as a director, editor and screenwriter. He was also credited with a new genre of filmmaking.
Benegal passed away on Monday at Mumbai's Wockhardt Hospital, and his cremation will take place on Tuesday, the Press Trust of India news agency reported, citing his daughter Piya.
"Benegal had been suffering from chronic kidney disease for several years but it had gotten very bad. That's the reason for his death," Piya said.
Many paid tribute to the legendary filmmaker on social media platform X.
Filmmaker Mahesh Bhatt wrote that Benegal told stories without pretense. "They were raw and real, about the struggles of ordinary people. His films had craft and conviction."
"Deeply saddened by the passing of Shyam Benegal, whose storytelling had a profound impact on Indian cinema. His works will continue to be admired by people from different walks of life," India's Prime Minister Narendra Modi tweeted.
He was a mentor to top Indian actors, including Shabana Azmi, Smita Patil, Naseeruddin Shah, and Om Puri who made their mark in Bollywood's popular cinema as well.
"I have lost my foster father, a man to whom I owe more than I can say," posted Naseeruddin Shah.
"Shyam Benegal was not just a legend; he was a visionary who redefined storytelling and inspired generations," said actor Manoj Bajpayee.
Benegal came into the limelight in the 1970s, with a series of films that challenged mainstream Bollywood. His films Ankur (1974), Nishant (1975), Manthan (1976), and Bhumika (1977)... Read More
