A Los Angeles TV station has sold its landmark studio to the Church of Scientology, reports the Los Angeles Times. Former PBS station KCET-TV will reportedly remain at the Sunset Boulevard location for as long as a year while it searches for new headquarters.
The price was undisclosed, although the property has an assessed value of $14.1 million, the article notes. The Church of Scientology said the purchase will help the organization expand its broadcast production and audiovisual capabilities.
The sale comes after KCET dropped its PBS affiliation in January, losing signature shows such as "Sesame Street.”
"It is a perfect fit, in both size and location, for the expansion of the Church of Scientology’s production of religious and social betterment audiovisual properties, and we welcomed the unexpected opportunity to acquire it," the church said in a statement.