Netflix is Official for NM

IT’S OFFICIAL…NETFLIX IS COMING TO ALBUQUERQUE. MAYOR TIM KELLER HAS SIGNED THE BILL AUTHORIZING A FOUR AND A HALF MILLION DOLLAR INCENTIVE PACKAGE FOR NETFLIX. HE SAYS ALBUQUERQUE IS NOW A PRODUCTION FOR THE FILM AND MEDIA INDUSTRY.

THE CITY COUNCIL UNANIMOUSLY APPROVED THE “LEDA” FUNDING A COUPLE OF WEEKS AGO. NETFLIX IS IN THE PROCESS OF PURCHASING ALBUQUERQUE STUDIOS…AND THE SALE IS EXPECTED TO BE FINALIZED THIS WEEK.

MAYOR KELLER SAYS NETFLIX WILL BRING A BILLION DOLLARS WORTH OF PRODUCTION WORK TO ALBUQUERQUE OVER THE NEXT TEN YEARS.

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