Latest in New Jersey Gov. Phil Murphy
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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3 Comments Comment on 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
New Jersey Bolsters Tax Credits For Digital Media, Follows Incentives For Film And Television
NJ Gov. Phil Murphy has signed legislation to expand tax credits for digital media production as part of a push to draw new business to the state following his incentives for film and television.
Murphy launched a tax credit regime for film and TV in 2018 and expanded it in 2020. It’s boosted production, attracting…
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