John Mayer, McG Buy Historic Jim Henson Studio

John Mayer and filmmaker McG are set to acquire the historic Henson Studios lot in Hollywood, previously owned by the Jim Henson Company. The property, originally established as Charlie Chaplin Studios in 1917, has been the subject of speculation regarding a potential purchase by a Scientology-affiliated music production firm, which ultimately failed to finalize the deal. Mayer, who has utilized the studio for his 2021 album 'Sob Rock,' and McG are reportedly entering a contract valued at approximately $60 million. The Henson Company had aimed to sell the property to consolidate operations, as they no longer own the Muppets but retain rights to other properties. The studio's rich history includes its role as A&M Records' headquarters and various classic TV productions. This acquisition marks a significant transition for the storied lot, which has been a key part of Hollywood's entertainment landscape.