Home Business 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
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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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