Update, 9:20 pm:
According to KTLA, the blockage began when Netflix's employee, who was released, called his former colleague that he was studio with a pistol " The suspect was never in the spot, and when he was arrested, the gun was not found. Early reports of the "active shooter" were inaccurate.
Update, 8:45 pm:
KTLA says the block has been canceled.  Update, 8:13 pm:
It is still unclear if a suspect shotgun was taken into custody in the LAPD. Officer Tony KTLA said that the police had made "the next" several quarters.
KTLA employees say they were not informed about lifting the block.
Netflix issued a statement stating that officials "received a notification of a potential law enforcement incident . The police are scouting out a lot of caution. There is no immediate danger or threat to our employees.
The original story continues below:
Currently, little is known about the situation at Netflix headquarters and KTLA studios in Los Angeles.
KTLA reports that the LAPD was reported as a man with a "deadly weapon" on the studio party.
Los Angeles Police Officer Tony Yim said that the department had received "second hand" information about a person who was armed.
The Sunset Bronson studios, located at the intersection of Sunset Boulevard and Van Ness Avenue, were not allowed to leave the area after the incident report. Employees were also denied entry to the studio during the investigation.
KTLA executives told employees that they were "moving to the interior" and staying away from the windows as a "precautionary measure".
The airframes showed that Netflix employees were evacuated from the building.
One tweet suggested to the shooter was a former employee of Netflix.
KTLA now reports that one person is in police custody. It is unclear whether the block is still valid.
This story is being developed and updated after receiving more information.
CORRECTION: An earlier version of this story predicted that the properties of Netflix was an "active shooter". The man who threatened and claimed to have a gun had never been in place and had no pistol when his police detained him. We're sorry for the error.