John Mayer and producer McG set to buy historic Jim Henson Muppet Studio lot in Hollywood

John Mayer and producer McG set to buy historic Jim Henson Muppet Studio lot in Hollywood

Musician John Mayer and film director McG have reached an agreement to acquire the Jim Henson Company Lot, a historic Hollywood studio founded by Charlie Chaplin.

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John Mayer, the singer-songwriter who maintains an office on the historic lot, has been actively working to acquire the Jim Henson Company Lot from the Henson family for some time. This pursuit has recently culminated in a successful joint venture with film director McG, with the pair agreeing to purchase the property for a sum exceeding $40 million.

Formerly a record producer, Joseph McGinty Nichol, better known as McG, has transitioned into a successful career as a film producer and director. His notable works include “Charlie’s Angels: Full Throttle,” “Terminator Salvation,” and “Uglies.”

Mayer’s representative Larry Solters confirmed the pending studio sale in an email saying, “John Mayer and McG are under contract to purchase Henson Studios.”

While the sale of the property at 1416 N. La Brea Ave. is expected to proceed, the exact closing date has not been disclosed. Furthermore, Solters refrained from elaborating on the future plans of the buyers for this iconic property. Although renowned as a former movie and television studio, the site now primarily functions as a music recording studio.

In 1999, the Henson family acquired the studio, commemorating the purchase with a statue of Kermit the Frog adorned in the iconic attire of Charlie Chaplin’s Tramp character at the entrance.

Earlier this year, the family announced their intention to sell the property. This decision aligns with their broader plan to consolidate Jim Henson Co., the producer of numerous children’s television programs, and Jim Henson’s Creature Shop, based in Burbank, under a single roof.

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