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For many years, those who have worked on Stage 6 at KTLA were told that it was the site where Al Jolson's landmark film The Jazz Singer was shot in 1927, when the lot was known as the Warner Bros.Sunset Studios; Mark Evanier, who wrote for one such show in 1978, points out on his website that Stage 6 did not even exist at the time that The Jazz Singer was produced and that it was actually probably filmed at what is now Stage 9.In November 1982, Golden West sold KTLA to investment firm Kohlberg Kravis Roberts for 5 million.In May 1985, KKR sold the station to Chicago-based Tribune Broadcasting, for a then-record price of 0 million, which beat the station's earlier record sale price set by the 1982 acquisition by KKR.KTLA maintains studio facilities located at the Sunset Bronson Studios on Sunset Boulevard in Hollywood, and its transmitter is located atop Mount Wilson.

The station is owned by the Tribune Broadcasting subsidiary of Tribune Media.Bob Hope served as the emcee for KTLA's inaugural broadcast, titled as The Western Premiere of Commercial Television, which was broadcast live that evening from a garage on the Paramount Studios lot and featured appearances from many Hollywood luminaries.Hope delivered what was perhaps the most famous line of the telecast when, at the program's start, he identified the new station as "KTL" – mistakenly omitting the "A" at the end of the call sign.In 1979, KTLA acquired Happy Days, in 1981 Laverne and Shirley, Little House On The Prairie, in 1982 Taxi, and CHi Ps, among other shows.The station continued to emphasize hour long dramas during the day on weekdays but began to run recent sitcoms in the evenings.

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