‘The Price Is Right’ is in a new studio for its 52nd season and audience can’t help however wonder why. Why did the display switch studios?
The Gist:
- The Price Is Right premiered its 52nd season in a new studio.
- The longest-running sport display finished its tenure at Television City in Bob Barker Studio after the lot used to be offered to Hackman Capital Partners.
- Hackman is renovating the lot for $1.25 billion, forcing several presentations to relocate.
After over 50 years on the air, The Price Is Right is one in every of the longest-running presentations on tv. Now hosted by means of Drew Carey after Bob Barker left his submit as host in 2007, the show is going through some main changes in 2023. First, Bob passed away on August 26. And now, the 52nd season is happening in a new studio.
The exchange in location was first announced in March when Deadline realized that its original lot, Television City, can be present process some renovations. But after some more press, time, and main points, we have now a a lot better thought of why The Price Is Right modified studios.
‘The Price Is Right’ changed studios as a result of renovations and buyouts.
It all goes again to 2019 when CBS sold Television City to Hackman Capital Partners for $750 million. In early 2023, Hackman announced that they'd be overhauling the ancient studio lot with a $1.25 billion renovation. This signifies that a number of presentations from the lot would be forced to transfer, including Dancing With the Stars, The Young and the Restless, American Idol, and Real Time With Bill Maher.
Luckily, Fremantle, which produces The Price Is Right, not too long ago invested in some houses. One of the ones houses is a new facility in Glendale, marking the first time The Price Is Right will movie in a distinct studio after over 50 years on the air. The Price Is Right used to be taped in the Bob Barker Studio, so the studio trade actually marks the end of the Bob Barker era.
"I'll miss, like, the sense of history," Drew Carey advised CBS News. “When I come in right here it's just all the time felt like a pleasing, relaxed shoe … The proven fact that I'm here and I'm the ultimate one to host this 'Price is Right' here, and they're trusting me to move it along and get started the entire level once more, I think pretty just right about that, a lovely just right honor.”
Show announcer George Gray shared Drew’s sentiment. “If it was up to me, we wouldn't leave, you understand," Gray said. "I imply, I love this historical past." Clearly, now that The Price Is Right has begun its first season in the new studio, fans feel the same way. Some of the nostalgia and history that encouraged us to tune into the historic game show is now gone with the Bob Barker Studio.
Television City's renovation is set to be completed by 2028.
While not everyone is a fan of the show’s change, it’s possible that it could just be temporary. Hackman has major plans for Television City that include expanding its potential. Ideally, they’ll have 15 stages, up from the current eight. In addition, the lot’s four original 1952 stages will be preserved.
This is apparently the time for renovations. Hackman also bought the historic Radford Studio Center, in 2021 for $1.85 billion. They plan to add 20–25 stages to keep up with the growing demand for filming space in Los Angeles, which is currently at a deficit. But our favorite shows must go on!
“In light of Hackman Capital Partners’ plans to undergo a significant renovation at Television City, the time has come to move television’s longest-running sport show, The Price Is Right, into a new house,” Suzanne Lopez, COO of Fremantle, told Deadline.
“While we bid a fond farewell to this cultural landmark, we're excited to say that we can be moving into a brand-new, state-of-the-art facility at Haven Studios. We can’t wait to have our fanatics ‘Come On Down’ to this new facility when we start manufacturing on the subsequent season this summer season.”
Now that we’re right here at Haven Studios, we just hope that Drew can hold on to what makes the show great!
The Price Is Right airs new episodes every weekday at Eleven a.m. EST on CBS.
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