Netflix to Build $900-Million Production Studio in NJ on Former Military Base

New reports popped up on Dec. 22 that Netflix plans to build a $900-million production studio on the ground of a former Army base in New Jersey. According to www.abc7ny.com, the company will be building 12 sound stages on a 292-acre site at Fort Monmouth in Monmouth County, NJ. The news report said New Jersey will be home to another production facility in Newark. Lionsgate will be building a $125-million TV and film production studio in the city.