 Global investment firm giant Blackstone Group Inc NYSE: BX thinks that owning facilities where TV and films are produced is a worthwhile investment, even at a time when production is halted due to the COVID-19 pandemic, The Wall Street Journal reported. Betting hundreds of millions of dollars Blackstones real-estate investment team is scooping up land and facilities that are vital to content distributors like Netflix and Walt Disney, WSJ reported. Most notably, Blackstone inked a deal to buy a 49 stake in a film-studio lot and five nearby office buildings in the capital of content production, Hollywood, California. The remaining 