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With this new venture, the streaming giant will invest one billion dollars to stimulate the state economy.
Netflix is heading to New Mexico. The streaming giant has landed in Albuquerque as the location of its new US production center for its growing list of TV shows and movies.
As part of these projects, the streaming giant is in final negotiations for the purchase of ABQ Studios, located in Mesa Del Sol, Albuquerque. This agreement marks the first purchase by Netflix of a production studio complex. The company aims to produce one billion dollars of production in New Mexico over the next 10 years and create up to 1,000 production jobs per year.
Netflix will produce films and series in new installations and other places in the state. Among those who are in the works are the irreverent apocalypse drama drama Dawn, the supernatural drama Bedrooms and the epic drama Messiah. Bedrooms and Messiah are currently in production in the Albuquerque region, and both productions have already provided jobs to more than 700 new Mexican crewmembers. Previous Netflix productions in New Mexico include limited series. ImpiousAdam Sandler The six ridiculous and the old A & E series Longmire.
Local State Economic Development (LEDA) assistance to the state helps facilitate Netflix's arrival in Albuquerque. New Mexico will provide up to $ 10 million in funding from LEDA, while the City of Albuquerque will commit up to $ 4.5 million in local funding from LEDA. The City of Albuquerque will be responsible for the allocation of LEDA funds, if any.
"Netflix is at the forefront of the film and television industry and it's an honor to welcome them to New Mexico," said New Mexico's Governor Susana Martinez. "After years of hard work to reduce taxes and make New Mexico business-friendly, we are achieving incredible results. Now, New Mexico is leading the country in terms of economic growth and reducing unemployment, and we have installed Netflix, the world's largest Internet entertainment service. "
"The landing of Netflix is a transformational victory that will change the commercial landscape of Duke City," said Tim Keller, Mayor of Albuquerque. "The city has built on the foundation laid over the years by our partners in the film and television industry and we have ensured that cinema and the creative economy remain at the heart of our plan. economic development in order to create accessible and well-paid jobs. in this industry. Now, viewers around the world will be able to discover the most beautiful and liveable city in the Southwest while watching their favorite Netflix content. "
The move does not mean that Netflix is leaving Los Angeles. In fact, a few days earlier, the banner had signed a lease agreement to take over a 13-storey building in Hollywood from 2020. The development project, owned by Hudson Pacific Properties, will serve as a new office space for the building. company in strong growth. In addition, the production of Netflix shows and films will continue to take place in various locations, depending on the specific needs of the project.
"Our experience in producing shows and films in New Mexico has inspired us to seize the opportunity to create a new production center here," said Ty Warren, Physical Production at Netflix vp. "The people, the landscape and the facilities are all stellar and we look forward to getting to work – and employing a lot of New Mexicans – to create entertainment for the world. We are grateful to Governor Martinez, Mayor Keller and the people of New Mexico for the opportunity to create a new home in Albuquerque. "
"Netflix is one of the most exciting brands in the world. It is changing the way people perceive and consume the media and encourage businesses in all sectors to innovate. We are excited to host this world class business in Albuquerque, "added Roberta Cooper Ramo, President of Albuquerque 's Economic Development. "In addition to the economic impact that this project will create for local businesses and residents of New Mexico, Netflix's decision also states that Albuquerque has assets that set it apart from all the rest of the world. other cities."
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