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from the for-directions...ask-Bugs-Bunny dept.
Netflix buys up New Mexico studio facility for massive new production hub
When Netflix moved into its new Los Angeles headquarters last year, the company made sure it had several sound stages at the ready for any production needs. Now the streaming service is taking things a step further, acquiring ABQ Studios in Albuquerque, New Mexico, as part of a plan to bring as much as $1 billion in production to the state over the next 10 years.
Los Angeles is often thought of as a center for film and television production, but studios and production companies have been regularly traveling to other locations to shoot for years. States like New Mexico (Breaking Bad, Netflix's Godless) and Georgia (The Walking Dead, Avengers: Infinity War) can provide a more attractive environment because they're not only less crowded than Los Angeles, but the states themselves also offer tax breaks and financial incentives that actually make it more cost-effective to shoot there. ABQ Studios, which boasts nine stages offering over 170,000 square feet, has been the site of numerous high-profile movies and shows, including Logan, Preacher, Better Call Saul, and the original The Avengers.
Perfect for dry, desolate content.
(Score: 0) by Anonymous Coward on Friday October 12 2018, @10:54AM
And the states have proven themselves too stupid to handle it themselves, resulting in us, the federal taxpayers having to bail them out when they don't make money off their bad deals.
Furthermore if the company isn't incorporated in the state, why should they be allowed to negotiate exclusive and unfair contracts with the state? That is *DEFINITELY* an interstate commerce issue and should be regulated as one!