Netflix Seeks to Double Office Space in Los Angeles

Los Angeles Times: Netflix, as it continues to bulk up its muscle within Hollywood, is now seeking to take up residence there. The Los Gatos, Calif., company is eyeing a major move from Beverly Hills to the center of action in Hollywood that would boost its office space by at least 50 percent. The video streaming service is said to have signed a letter of intent to lease 150,000 square feet in a marquee high-rise office tower under construction on a studio lot on Sunset Boulevard.