Thursday, April 18, 2019

Netflix Investing Up To $100M In A NYC Production Hub

If this results in more, better original content, I'm for it. I mean, what is $100 million when they just jacked up their rates again? They should have plenty of money in the piggy bank, am I right?

It's establishing an NYC production hub that will include six sound stages in Brooklyn and an expanded office in Manhattan's Flatiron District. It should create "hundreds of jobs" (including 127 executive, marketing and production development roles) over the next five years, and should foster up to $100 million in investments, according to Governor Cuomo.