Deals
Netflix, Already a Studio in All But Name, Is Buying a Studio
- Streaming giant is in final talks for New Mexico facility ABQ
- Company to create 1,000 jobs, spend $1 billion on production
Claire Foy getting final touches before a scene in “The Crown.”
Source: Netflix
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Netflix Inc. is buying its first production studio, the New Mexico facility used to make “The Avengers’’ and “Sicario,’’ to accommodate its growing output of original movies and television shows.
The world’s largest paid online TV network is in final negotiations to purchase ABQ Studios, with eight sound stages in Albuquerque, according to a statement Monday. Terms weren’t given. Netflix already shoots the supernatural drama “Chambers’’ and the epic ‘‘Messiah’’ in New Mexico and previously shot its Emmy-winning series “Godless’’ there as well.