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New $848M Netflix Studios Monmouth At Former New Jersey Army Base Is A Firm Go; Co-CEO Ted Sarandos Sees “Billions In Economic Output” From 12 Sound Stages – Update
UPDATED with government approval. New Jersey Gov. Phil Murphy announced that state officials have formally approved plans for Netflix to turn the former Fort Monmouth Army base into a state-of-the-art production facility.
The streaming giant will invest about $848 million in the redevelopment…
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Netflix Is A Big Step Closer To Building Major New Jersey Production Studio
Netflix's offer for a parcel of land at Fort Monmouth in New Jersey, where it wants to build a state-of-the-art production studio, has been chosen as the top bid – a key step although not yet a final one.
The next few months will include a due diligence period, an examination of the Fort, which is a…
Netflix To Bid On New Jersey’s Fort Monmouth Army Base For New Studio
Netflix, which quietly opened a studio in Bushwick, Brooklyn last month, wants to set up shop in New Jersey as well and said Tuesday it plans to bid for a site at the Fort Monmouth military base.
The state is taking bids over a 90-day period through Jan. 12 to develop the century old, 89-acre location that was closed…
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