Albuquerque Netflix Studios

Will Netflix Really Benefit the Local Economy?

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Will Netflix Really Benefit the Local Economy?This month Netflix announced its planned acquisition of ABQ Studios. Their expected capital investment to purchase and renovate the studios will be at least $30 million. The deal promises to bring $1 billion in production to New Mexico over the next decade, creating up to 1,000 production jobs a year.Considering the New Mexico economy …