Netflix chooses New Mexico for new US production hub

ALBUQUERQUE, N.M. (AP) — Netflix has chosen New Mexico as the site of a new U.S. production hub and is negotiating to buy an existing multimillion-dollar studio complex in the state’s largest city.
It is the company’s first purchase of such a property, and local officials said Monday that upcoming production work by Netflix in Albuquerque and other New Mexico communities is expected to result in $1 billion in spending over the next decade.
More than $14 million in public econom