"From 2020-2024, we estimate that we contributed $125 billion to the US economy. Our expansion in Albuquerque, NM—adding four new soundstages to a 108-acre site—and our plan to invest roughly $1B to develop a state-of-the-art production facility in Fort Monmouth, NJ, underscore our ongoing commitment to production in the US."
"As we grow globally, our most significant investment remains in the US, which accounts for the majority of our content spend, workforce and production infrastructure."
Netflix reaffirmed its commitment to producing content in the US, planning to spend $125 billion from 2020 to 2024. This investment includes new production facilities in New Mexico and New Jersey. The company's focus on US production coincides with former President Trump's threats of a 100% tariff on movies produced abroad. Netflix's shareholder report highlights that the majority of its content spend, workforce, and production infrastructure is based in the US, supporting economic contributions and local job creation.
Read at Business Insider
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