The Albuquerque City Council moved forward Monday, approving millions of dollars in incentives for streaming giant Netflix’s major expansion at ABQ Studios at Mesa del Sol.
In separate, unanimous votes, the nine-member city council approved $7 million in Local Economic Development Act funding and a $500 million industrial revenue bond for Netflix.
Business First reported on the Albuquerque Development Commission initially approving the incentives on Nov. 23, the day Netflix announced a $1 billion…
Source: The Business Journal
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