This autumn, Netflix will expand its international list of studio facilities when it opens a new facility in New York City.
As reported by Bloomberg, the 170,000-square-foot facility with six sound stages should be opening in the Bushwick neighbourhood of Brooklyn in September 2021:
“Betting Big on Brooklyn, Netflix Opens First New York Studio”
The streaming giant has pledged to spend more than $100 million in the city.
In its quest to build the world’s first global TV service, Netflix Inc. has set up production facilities in Madrid, Seoul, Toronto and London. This fall, it will roll one out a little closer to home.
In September, Netflix will be opening a new studio in Bushwick, a neighborhood of about 100,000 people in Brooklyn, New York. The 170,000-square-foot facility includes six sound stages, as well as editing suites, meeting rooms and a commissary. The sound stages have enough space to film two TV shows at the same time, or one blockbuster movie.
The number of projects produced in New York has more than doubled since 2015 thanks, in part, to a state tax incentive program that allocates $420 million a year in giveaways to attract productions. By opening a studio in Bushwick, Netflix is giving a big vote of confidence in New York as a production hub.
Anne del Castillo, the commissioner of the New York City Mayor’s Office of Media and Entertainment, was one of a handful of local government officials and film industry professionals who toured Netflix’s new facility on a sweltering day in late June.
“This is really important for New York,” said Del Castillo. “It’s not just a nice to have. It’s a real economic driver.”
Netflix has pledged to spend more than $100 million in the city and to create thousands of jobs. In 2019, the company leased two facilities in New York: a 100,000-square-foot office in Manhattan and the Brooklyn production space. The company has spent the past couple of years working with owner Steel Equities to retrofit the latter. Netflix will start by filming two shows there, the titles of which the company declined to disclose.
The state has pledged $4 million in tax credits over the next 10 years, contingent upon Netflix creating and retaining at least 127 jobs at the Manhattan offices by 2025″.
The full story from Bloomberg.com is here
Image: Netflix Inc.