John Mayer and McG have discovered their Rainbow Connection.
The Grammy-winning singer and filmmaker have swooped in to purchase the historic Hollywood dwelling of The Muppets.
“John Mayer and McG are beneath contract to purchase Henson Studios,” a spokesperson for Mayer advised The Hollywood Reporter in a press release.
It’s a dramatic reversal from the destiny the property appeared destined to face. In latest weeks, the storied property — previously A&M Studios and earlier Charlie Chaplin Studios — had been the topic of hypothesis that the Church of Scientology, already a significant landlord within the space, was closing in on a bid. In reality, THR has discovered that the get together was North Hollywood-based Fab Manufacturing facility Studios, a music manufacturing agency run by father and son entrepreneurs Steven and Shaun Fabos. The elder Fabos is reportedly a significant Scientology monetary supporter, whereas the youthful Fabos was deemed a hostile witness by the prosecution in the course of the Danny Masterson rape trial for altering his testimony on the stand to assist the actor and the church. A Fabos rep didn’t reply to THR‘s a number of requests for a remark on the time.
Sources inform THR that Fabos and his household had a maintain to consummate a deal. When the clock ran out, Mayer, who has workplaces on the historic property, made his transfer. The deal is alleged to be within the $60 million vary. The Jim Henson Co. and Mayer declined to touch upon these particulars.
Henson had been the proprietor and main presence on the lot after buying it in 1999. The buildings and amenities had been a presence for the reason that earliest days of Hollywood’s movie business, because it served as the bottom for Charlie Chaplin and his studio since 1917. The trailblazing silent movie star offered it in 1953 and the power was used for numerous tv productions resembling Adventures of Superman and Perry Mason.
A&M Information made it its headquarters from 1966 earlier than ultimately promoting to Henson for a reported $12.5 million. In accordance with actual property filings, the appraised worth of the lot in 2017 was $21.9 million.