Quixote Studios is beginning to wind down operations in the Atlanta area, redeploying equipment and other assets to Los Angeles and New York. Separately, it is exiting most of its leased sound stage facilities in LA. The phased wind-down will eliminate about 70 jobs between Atlanta and LA. Parent Hudson Pacific, which acquired Quixote in 2022 for $360 million, anticipates up to $27 million in annual cost savings. The company's separately owned studio portfolio, Sunset Studios, remains unaffected.