You are viewing a single comment's thread from:

RE: LeoThread 2025-07-01 12:43

in LeoFinance3 months ago

Part 6/8:

In a contrasting story, Netflix's decision to acquire ABQ Studios in Albuquerque, New Mexico, shows a bold strategic move in the entertainment sector. Netflix's shares responded positively to the news, though the exact terms of the deal remain undisclosed. The studio is known for producing popular series like Better Call Saul, and this acquisition aligns with Netflix's efforts to globalize its production capabilities.

Hill and Mueller discussed how this move supports Netflix's ongoing strategy to expand production beyond traditional hubs like Los Angeles and New York. With states offering incentives for film and television production, Netflix looks to capitalize on emerging markets in New Mexico and abroad, potentially reshaping the landscape of content creation.