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Netflix chooses new production hub

Site is in New Mexico
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Posted at 4:36 PM, Oct 08, 2018
and last updated 2018-10-08 16:36:02-04

ALBUQUERQUE, N.M. (AP) -- Netflix has chosen New Mexico as the site of a new U.S. production hub and is negotiating to buy an existing multimillion-dollar studio complex in the state's largest city.

It is the company's first purchase of such a property, and local officials said Monday that upcoming production work by Netflix in Albuquerque and other New Mexico communities is expected to result in $1 billion in spending over the next decade.

More than $14 million in public economic development funding is being tapped. Republican Gov. Susana Martinez and Albuquerque Mayor Tim Keller, a Democrat, both touted the investment and said years of work to put New Mexico on the movie-making map are paying off.

Previous Netflix series produced in New Mexico include the Emmy-winning limited series "Godless" and "Longmire."