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5.82580833090061E-05 -4.36935624817546E-05 -0.00036411302068162 -0.000305854937372613 -0.00308039615496651 -0.00329158170696183 -0.00329158170696183 -0.00329158170696183
Stock impact report

Netflix adds stages to New Mexico production hub as part of major expansion project [Los Angeles Times (CA)]

Netflix, Inc. (NFLX) 
Last netflix, inc. earnings: 4/21 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.netflix.com/investor-relations
In addition to the stages, the expansion encompasses three mills, a production office, two stage support buildings and two backlot spaces spanning 108 acres on the property near Albuquerque, the streaming giant announced Thursday. The Los Gatos-based entertainment company acquired what was then known as ABQ Studios in 2018 and has shot several films and TV series in the region, such as supernatural thriller “Stranger Things” and gritty western “The Harder They Fall.” A representative for Netflix declined to comment on the cost of the new additions. Thursday's grand opening is part of a larger expansion project by Netflix. In 2020, the streamer unveiled plans to grow its New Mexico campus to include 10 new stages, postproduction facilities, offices, mills, backlots and other infrastructure. “New Mexico has proven to be an exceptional production hub for us,” Ted Sarandos, co-chief executive of Netflix, said in a statement. “It offers a rich tapestry of landscapes, a talented work Show less Read more
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