THE DEAL TO BRING NETFLIX TO ALBUQUERQUE HAS CLEARED ITS NEXT HURDLE. THE ALBUQUERQUE JOURNAL REPORTS THE CITY’S DEVELOPMENT COMMISSION ON THURSDAY VOTED UNANIMOUSLY TO RECOMMEND THE CITY COUNCIL APPROVE THE 4-AND-A-HALF MILLION DOLLAR ECONOMIC INCENTIVE PACKAGE FOR NETFLIX, WHICH IS SET TO BUY ALBUQUERQUE STUDIOS.
THE COMMISSION WANTS THE COUNCIL TO IMMEDIATELY TAKE ACTION ON THIS. SYNTHIA JARAMILLO WITH ALBUQUERQUE’S ECONOMIC DEVELOPMENT DEPARTMENT SAYS THE NEW HUB FOR NETFLIX AT ALBUQUERQUE STUDIOS WILL BE WHERE ORIGINAL FILMS AND TV SERIES WILL BE MADE, GIVING NETFLIX OPTIONS BOTH INSIDE AND OUTSIDE TO FILM.
SHE ALSO TELLS THE JOURNAL ABOUT 30 PERCENT OF ANY PROJECT’S BUDGET WILL GO TO LOCAL VENDOR SERVICES WITH MOST OF THAT SPENDING TAKING PLACE IN ALBUQUERQUE.
