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Netflix will build a $900 million new film studio on the site of a US military base

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For a piece of land with an area of ​​about 120 hectares, Netflix will pay $55 million. The company wants to invest $848 million in the project over several years.

Streaming platform Netflix Inc. announced an investment of more than $900 million to create a state-of-the-art film production complex on the site of the former Fort Monmouth military base in New Jersey, USA. MarketWatch reported this.

Three other organizations wanted to buy the territory, but the special agency responsible for the restoration of the area, which suffered greatly economically after the closure of the base in 2011, preferred Netflix.

First, 12 sound stages will be built on the site, and then office buildings and other facilities used for filming will appear.

“We believe the opening of the film studio will help create thousands of new jobs and billions of dollars in revenue for the state’s economy, as well as help create a vibrant film production ecosystem in New Jersey ,” said CEO Ted Sarandos.

Remember that Ukrainian dramedy I work in a cemetery Directed by Alexei Taranenko and written by Pavel (Pate) Belyansky, it entered the top 10 popular movies on Netflix.

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Source: korrespondent

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