Netflix is transforming this US Army base into a $900 million movie studio; CEO Ted Sarandos says, ‘I was in love with…’

Netflix is investing $900 million to transform a former US Army base in New Jersey into a major movie studio, named Netflix Studios Fort Monmouth. Supported by $387 million in state tax credits, the 500,000-square-foot facility will include soundstages, post-production suites, and offices.

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