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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]
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Since 2019, Netflix has directly invested nearly $575 million in New Mexico productions, according to Sarandos. From 2021-23, the company hired more than 4,000 cast and crew members for ...
In October 2018, Netflix paid under $30 million to acquire Albuquerque Studios (ABQ Studios), a $91 million film and TV production facility with eight sound stages in Albuquerque, New Mexico, for its first U.S. production hub, pledging to spend over $1 billion over the next decade to create one of the largest film studios in North America.
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. [3] [4]
Jun. 15—New Mexico will have some royalty in the state — rap royalty that is. Queen Latifah and Chris 'Ludacris' Bridges are starring in the Netflix feature film, "End of the Road," which is ...
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