Netflix spent over $150M, hired over 1,600 cast and crew in New Mexico
22 Jan 2020
NEW MEXICO (KRQE) – The New Mexico Economic Department reports that since signing an agreement to open its first U.S. production hub in New Mexico, Netflix has spent over $150 million in the state. Economic Development Cabinet Secretary Alicia Keyes also announced Netflix has hired more than 1,600 cast and crew members and have utilized over 2,000 production vendors in the state.
In January 2019, the streaming giant which is based in Los Gatos, California signed an agreement that allowed Netflix to purchase Albuquerque Studios and promised $1 billion in production spending over the next 10 years. In return, the State of New Mexico and City of Albuquerque would provide economic development assistance.
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