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Dec 7, 2019 · ALBUQUERQUE, N.M. (AP) -- An executive with Netflix says the streaming giant has boosted its original content exponentially over the last several years and that will mean more action for its...
Jun 27, 2024 · The Los Gatos, Calif.-based entertainment company acquired what was then known as ABQ Studios in 2018 and has shot several films and TV series in the region, such as supernatural thriller ...
- christi.carras@latimes.com
- Staff Writer
Oct 12, 2018 · Netflix production hub incentive package clears first hurdle | AP News. Published 10:46 AM PDT, October 12, 2018. ALBUQUERQUE, N.M. (AP) — Part of a multimillion-dollar incentive package offered to Netflix for locating its new U.S. production hub in New Mexico has cleared its first hurdle.
Netflix, Inc. is an American media company founded in 1997 by Reed Hastings and Marc Randolph in Scotts Valley, California and currently based in Los Gatos, California. It owns and operates an eponymous over-the-top subscription video on-demand service, which showcases acquired and original programming as well as third-party content licensed ...
- Netflix Does Care About Tax Incentives
- Hollywood Has Grown Comfortable in New Mexico
- Did Netflix Just Disrupt New Mexico For Everyone else?
- State Politics and Tax Incentive Stability
A year-and-a-half ago, Netflix chief content officer Ted Sarandos announced the company was building production infrastructure in Los Angeles — a city with a capped, lottery-based incentive program. At the time, he stated Netflix would not be like other studios and chase tax incentivesin New York, Atlanta, and other cities across the globe. Whereas...
Albuquerque is convenient. The airport is right outside a city that has remarkably little traffic, it’s a two hour flight to LAX, and there are lobbying efforts for a Burbank-to-ABQ direct flight in the works. The convenience of getting back-and-forth to Los Angeles can’t be underestimated, especially compared to its East Coast competition with its...
The Netflix Albuquerque announcement begs a larger question: Has it cornered the production space, disrupting other studios and independents? The answer is sort of, but possibly only temporarily. ABQ was the biggest production facility in the state, which requires stages be used to take advantage of the full tax incentive. I-25 studios, which curre...
The announcement came less than a month before New Mexico will elect a new governor, which indicates Netflix feels confident the politics surrounding the state’s tax incentive is stable. Democrat candidate Michelle Lujan Grisham is favored in the polls to replace outgoing Republican Governor Susana Martinez, but both Grisham and her opponent Steve ...
- Chris O'falt
Oct 22, 2021 · Streaming giants like Netflix and NBCUniversal are turning New Mexico into one of the country’s most coveted production hubs.
Nov 23, 2020 · Netflix. EXCLUSIVE: New Mexico Gov. Michelle Lujan Grisham, Albuquerque Mayor Tim Keller and Netflix Co-CEO Ted Sarandos are announcing that Netflix will boost its presence in the state by...
