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In October 2018, it was announced that Netflix was in negotiations to buy the studio and make it the primary production facility for Netflix Originals. [1] The company acquired the facility with a $30 million capital investment, and received an additional $14.5 million in funding through the city of Albuquerque and the state of New Mexico. [3]
Netflix announced Albuquerque, N.M., as the site of a new U.S. production hub — which the company said will bring upwards of $1 billion in production money to New Mexico over the next decade and ...
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Jul. 1—ALBUQUERQUE — Netflix co-CEO Ted Sarandos recalls coming to New Mexico quite often in years past when he was a video distributor on the West Coast, remembering a time in the 1990s when ...
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, with production offices and stages at the Los Angeles-based Hollywood studios (formerly Warner Brothers studios) and the Albuquerque Studios (formerly ABQ studios).
Albuquerque Studios, a production hub owned by Netflix Albuquerque is the primary media hub of the US state of New Mexico , which includes Santa Fe and Las Cruces . [ 1 ] [ 2 ] The vistas and adobe architecture of New Mexico are a major backdrop of Western fiction and the Western genre .
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