• About
  • Archives
  • Advertising

NYCPPNEWS

NYC Production & Post News

  • Home
  • Directory Listings
    • The Standby Program
    • Brooklyn College
    • Brooklyn Workforce Innovations
    • Columbia University Film Program
    • Downtown Community Television Center
    • Electronic Arts Intermix
    • Film Biz Recycling
    • Freelancers Union
    • Independent Filmmaker Project
    • Manhattan Edit Workshop
    • Mediakite Training Center
    • New York Film Academy
    • New York Film/Video Council
    • New York Institute of Technology
    • New York Production Alliance
    • New York Video School
    • New York Women in Film & Television
    • NYU Film & Television
    • Post New York Alliance
    • The Independent Film School
    • International Film Institute of New York
    • The New School – Documentary Studies
    • The New School — MA in Media Studies
    • Union Docs
    • Upstate Independents
    • Syracuse Film Office
Home » Cuomo Says Netflix Will Expand New York Presence With New Production Hub In New York City

Cuomo Says Netflix Will Expand New York Presence With New Production Hub In New York City

Hub Includes Office in Manhattan That Will Create 127 Executive Content, Marketing and Production Jobs by 2024

Brooklyn Production Space Will Include Six Sound Stages with the Capacity to House Thousands of Jobs Within Five Years

Governor Andrew M. Cuomo today announced that Netflix, the world’s leading internet entertainment service, will expand its presence in New York with a production hub in New York City, bringing hundreds of jobs and up to $100 million in investments to the city.

The production hub will include an expanded office in Manhattan that will directly create 127 high-paying executive content, marketing and production development jobs over the next five years, and six sound stages in Brooklyn with the capacity to hold thousands of production crew jobs within five years. This announcement furthers Governor Cuomo’s commitment to supporting New York’s tech and entertainment sectors to create strong jobs across the state.

“Netflix is innovative, creative and bold – just like New Yorkers – and the expansion of this cutting-edge company in New York once again demonstrates the Empire State is open for business,” Governor Cuomo said. “We’re proud Netflix chose New York to grow its business, and we look forward to the jobs, economic activity and world-class productions this project will bring.”

“As a leading provider of streaming services in America and around the world, Netflix’s expansion in New York is a significant milestone, creating the potential for thousands of jobs,” said Lieutenant Governor Kathy Hochul. “The new production hub will add office space and sound stages in Brooklyn, advancing the tech and entertainment industry in the area and continuing to invest and grow the economy of the entire State of New York.”

Jason Hariton, Director of Worldwide Studio Operations & Real Estate at Netflix said, “New York has created a film-friendly environment that’s home to some of the best creative and executive talent in the world, and we’re excited to provide a place for them at Netflix with our production hub.”

Netflix’s new corporate offices will take up approximately 100,000 square feet at 888 Broadway in Manhattan’s Flatiron District. The offices will house the 127 new executive content acquisition, development, production, legal, publicity and marketing positions in addition to Netflix’s 32 current New York-based employees.

The company – which has a long history of production in New York including Orange is the New Black, Unbreakable Kimmy Schmidt, She’s Gotta Have It, The Irishman, Someone Great, Private Life and Russian Doll – has also leased approximately 161,000 square feet to build six sound stages and support spaces at 333 Johnson Avenue in Brooklyn. These spaces are expected to house thousands of production jobs within five years.

Empire State Development President, CEO and Commissioner Howard Zemsky said, “Thanks to Netflix, online streaming has become as commonplace as cable television, and maybe even more accessible – and their decision to expand in New York is a validation of our work to support and develop New York’s technology, entertainment and production industries.”

John Ford, President of Motion Picture Studio Mechanics Local 52, I.A.T.S.E., said, “Hardworking crew members are the foundation of New York’s film industry, and this project invests in their future. These talented individuals work every day to ensure productions go off without a hitch – and they have no bigger supporter than Governor Andrew Cuomo. I’d like to thank the Governor for helping bring Netflix’s new hub to New York City.”

Tom O’Donnell, President, Theatrical Teamsters Local 817 said, “There are few companies in our industry that are as forward thinking as Netflix. With this news, we’ll continue to add solid, middle class jobs to already record employment. The climate for this to happen would not exist without the wildly successful New York State Film Tax Credit Program — and I applaud Governor Cuomo for his foresight and continued support.”

To support Netflix’s creation of 127 high-paying office-based jobs by 2024 – and to compete with other cities under consideration – Empire State Development has offered up to $4 million in performance-based Excelsior Tax Credits over ten years, which are directly tied to real job creation. To receive the full incentive, Netflix must create the 127 jobs by 2024 at its new executive production office and then retain those new jobs and their existing 32 office jobs for another five years.

About Netflix

Netflix is the world’s leading internet entertainment service with over 139 million paid memberships in over 190 countries enjoying TV series, documentaries and feature films across a wide variety of genres and languages. Members can watch as much as they want, anytime, anywhere, on any internet-connected screen. Members can play, pause and resume watching, all without commercials or commitments.

Community & Partner Links

How Sony’s New Virtual Sound Technology Can Change How We Hear Films

Kami Asgar and Jessica Parks are post-production heavyweights who work with major studios, namely Sony. As a sound designer (Asgar) and as a post executive (Parks), their collective resume touches on everything from Apocalypto to Grandma’s Boy to Venom.

Parks has recently shifted her focus from supervisor to hands-on sound design, and we talk about how it’s never too late to pivot on your career path and find the thing you love doing wherever you are in life.

Click on this link to read the rest of the article on No Film School’s site.

NJ – Governor Murphy signs $14B Incentive Program Bill – the NJ Economic Recovery Act of 2020

 Film tax credits — amending existing programs to include provisions for so-called New Jersey film partners and New Jersey film-lease partners and allowing an additional $200 million of tax credits annually over 13 years.

Click this link if you want to read the full article on the Lexology site. http://bit.ly/35NtDx6

Film Commish announces date for production restart

In her December 18, 2020 news update, MOME Commissioner Anne del Castillo announced that the Film Office is now accepting permit applications for production activity that begins on July 27th.

She also announced awards now (Awkwafina) and more. To read all of the Film Commish’s bloggy sort of news column, click here.

Stimulus Offers $15 Billion in Relief for Struggling Arts Venues

The coronavirus relief package that Congressional leaders agreed to this week includes grant money that many small proprietors described as a last hope for survival.

For the music venue owners, theater producers and cultural institutions that have suffered through the pandemic with no business, the coronavirus relief package that Congress passed on Monday night offers the prospect of aid at last.

To read the full article on The New York Times’ site, click here.

If you want to start production, here’s the latest news from the Mayor’s Office

Phase 4 production guidance is available on the Film Permit website. All production activity, whether it requires a Film Permit or not, must comply with New York Forward Industry Guidance.

For more information see, please refer to the State Department of Health’s Interim Guidance for Media Production During the COVID-19 Public Health Emergency. Please review the guidelines and FAQ before submitting permit applications. The Film Office is operating remotely, so please allow additional time for Film Permit processing.

The above paragraphs contain links to the various FAQ – just mouse over the relevant words.

Nikon to Stop Making Cameras in Japan

Nikon has fallen on hard times as of late as its camera sales have cratered, and now there’s a new indicator of how dire its financial situation is: the company is reportedly pulling the plug on making cameras in Japan after over 70 years of doing so.

To read the full article on Petapixel’s site, click here.

NVIDIA Uses AI to Slash Bandwidth on Video Calls

NVIDIA Research has invented a way to use AI to dramatically reduce video call bandwidth while simultaneously improving quality

What the researchers have achieved has remarkable results: by replacing the traditional h.264 video codec with a neural network, they have managed to reduce the required bandwidth for a video call by an order of magnitude. In one example, the required data rate fell from 97.28 KB/frame to a measly 0.1165 KB/frame – a reduction to 0.1% of required bandwidth.

To read the rest of this article on Petapixel, click this link.

 

 

 

Union Health Plan Dodges Film Workers’ Suit Over Virus Relief

Law360 (October 9, 2020, 5:22 PM EDT) — The Motion Picture Industry Health Plan’s board can’t be sued under ERISA for allegedly flouting its duties when it relaxed plan rules in response to COVID-19, a California federal judge has ruled, nixing a proposed class action filed by two cinematographers who still couldn’t qualify for benefits.

In an order entered Thursday, U.S. District Judge R. Gary Klausner granted the board of directors’ motion to dismiss Greg Endries and Dee Nichols’ Employee Retirement Income Security Act suit accusing board members of breaching their duty to treat all plan participants fairly.

Endries and Nichols, members of Local 600 of the International Cinematographers Guild, said in July that the board left them and others “out in the cold” in its attempts to address the problems COVID-19 caused for plan participants.

But Judge Klausner agreed with the board’s contention that the case, which alleged a fiduciary breach, should be tossed because plan administrators don’t act as fiduciaries when they amend health care plans.

Read the full article on the Law360 site by clicking here.

Russo Brothers Received Close to $50 Million From Saudi Bank

Anthony Russo and Joseph Russo photographed at the PMC Studio in Los Angeles for the Variety Playback Podcast.

The Russo brothers, directors of the all-time top grossing film “Avengers: Endgame,” quietly secured a roughly $50 million cash infusion for their production company AGBO from Saudi Arabia earlier this year, multiple sources tell Variety.

In a deal brokered and closed at the beginning of the pandemic, the Russos received the investment from an undisclosed Saudi bank in exchange for a minority stake in the brothers’ Los Angeles-based shop.

  • About
  • Archives
  • Advertising
Copyright © 2021 NYCPPNEWS | Site Built with Studio Press Genesis