Netflix said it plans to build a state\u002Dof\u002Dthe\u002Dart facility at a former Army base at the Jersey Shore that will cost more than $900 million
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“We’re thrilled to continue and expand our significant investment in New Jersey and North America,” said Ted Sarandos, the company’s co-CEO and chief content officer. “We believe a Netflix studio can boost the local and state economy with thousands of new jobs and billions in economic output, while sparking a vibrant production ecosystem in New Jersey.”
He also said the project will create new housing, hotel and film-related businesses in the area, which has suffered economically since the Army closed the base in 2011.The first will include the construction of a dozen sound stages, each ranging in size from 15,000 to 40,000 square feet .Article content
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