Netflix breaks ground on massive $1B studio in New Jersey

MT HANNACH
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Netflix inaugurated its $ 1 billion “Studio on the east” peak “coast in New Jersey While President Donald Trump pushes to have films made in America.

The investment of $ 1 billion per Netflix Will Transform the installation of the army of 292 acres of Fort Monmouth into a studio of nearly 500,000 square feet.

The studio will feature 12 stages and cutting -edge sounds and cutting -edge zones dedicated to the management of uses of movies and community equipment, according to Netflix.

The project was announced in 2022 and the demolition should take 13 months.

Lights, camera, prices: will Trump’s proposal to stimulate American film work will work? Americans are not sure

Rendered new Netflix studio

The new $ 1 billion studio in Netflix has a scheduled completion date of 2028. (Netflix)

Netflix expects the project to create around 1,500 permanent production jobs and more than 3,500 construction -related jobs. It should be finished in 2028.

Ted Sarandos, Netflix Co-PDG, said the company was trying to invest even more in American innovation.

“In the past four years, Netflix has contributed $ 125 billion to the US economy And hired more than 140,000 distribution members and crew members, “said Sarandos.

NJ Gov Phil Murphy next to Netflix Co-Pred Ted Sarandos

The governor of New Jersey Phil Murphy and the Netflix Ted Sarandos CO-PDG poses as they are innovating a new studio in New Jersey. (Netflix / Fox News)

Los Angeles sees the continuous decline in cinematographic and television production

New Jersey -based actor Jared Johnston, who appeared in projects for Netflix and Apple TV, told Fox Business that the studio was going to be “excellent” for industry.

“It will be great for our industry as long as local, state and federal governments are doing their part to offer competitive tax alternatives to preserve the productions and the thousands of union jobs that television / film creates here in the beautiful new studios that are built as well as the studios established already in the New York region,” said Johnston.

The revival of the film industry of America has become a priority for the Trump administration.

Earlier this month, Trump announced A 100% price on films produced abroad.

Trump points during the campaign rally

President Donald Trump seeks to relaunch Hollywood and save him from “dying of a very fast death”. (Joe Raedle / Getty Images / Getty Images)

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In a social article of truth, Trump wrote: “The film industry in America dies from a very rapid death. Other countries offer all kinds of incentives to distance our filmmakers and studios from the United States.”

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