Streaming entertainment giant Netflix is in negotiations to buy the historic Radford Studio Center movie lot in Studio City.

The owners of a Hollywood studio leased mostly to Netflix have closed a refinancing package for the property, which is outperforming the overall market for renting soundstages in Southern California.

The announcement last month that Occidental Studios would be put up for sale marked a historic turning point in a studio once used by Mary Pickford and Douglas Fairbanks to make silent films. It also ...