Home Uncategorized Netflix Secures Significant Tax Incentives for New Studio in New Jersey

Netflix Secures Significant Tax Incentives for New Studio in New Jersey

by Sonia Park
Netflix Secures Significant Tax Incentives for New Studio in New Jersey (Pixabay)

Streaming giant Netflix has secured substantial tax breaks for its ambitious project to establish a new production studio in Monmouth County, New Jersey. The state has granted the company access to $150 million in tax incentives, bolstering Netflix's investment in the region. This development is part of a strategic initiative to expand Netflix's production capabilities on the East Coast.

Netflix is getting big tax breaks for building a new production studio in Monmouth County. Lisa G. reports.

The new studio, located on nearly 300 acres in Fort Monmouth, will feature 12 state-of-the-art sound. . .

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