Netflix Unveils Expanded Albuquerque Studios Facilities Spanning More Than 100 Acres in the New Mexico Desert
variety.comTodd Spangler NY Digital Editor Netflix cut the ribbon on its newly expanded studios facility in Albuquerque at a grand-opening event Thursday in New Mexico.
Netflix acquired ABQ Studios in 2018 for a relative steal in a deal worth $30 million and the company scored additional state and local funding as well as production tax credits.
The facility originally comprised eight soundstages totaling 132,000 square feet across 28 acres. Six years later, the company officially took the wraps off four additional new soundstages, three mills, a production office, two stage support buildings and two dedicated backlot areas across 108 acres.
The investment in Netflix Studios Albuquerque “further solidif[ies] our commitment to nurturing and growing the thriving production ecosystem in New Mexico,” according to co-CEO Ted Sarandos. “As someone who grew up in Phoenix, it’s great to be back out west,” Sarandos, who now lives in Malibu, told event attendees in his prepared remarks.
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