Deal of the Week: Netflix's $1B bet on New Mexico The Citizen 7 years ago Netflix plans to invest $1 billion over the next 10 years in New Mexico, creating 1,000 jobs annually, the streaming giant announced this week. Netflix also said it’s in the final negotiations to purchase ABQ Studios. Source: The Business Journal Share this: Click to share on X (Opens in new window) X Click to share on Facebook (Opens in new window) Facebook