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Netflix plans to establish one of the largest production hubs in North America with an expansion of its existing studio complex in New Mexico and a commitment to an additional billion in production spending, government and corporate leaders announced Monday.Ten new stages, post-production services, offices, mills, backlots and other infrastructure would be added to Netflix’s growing campus on the southern edge of Albuquerque. Aside from construction jobs, the project is expected to result in 1,000 production jobs over the next decade.Netflix first marked its presence in New Mexico in 2018, when it announced it was buying Albuquerque Studios and pledged billion in spending over a decade. At the time, government officials saw the move as a transformative victory for a state that has struggled to lessen its reliance on federal funding and oil and gas development.“I am glad Netflix has chosen to double-down on its commitment to our state, and our partnership will continue to grow for the benefit of New Mexicans across the board,” Gov. Michelle Lujan Grisham said in a statement.Netflix co-CEO Ted Sarandos pointed to the proximity to Los Angeles, the crew base and local talent as reasons for the continued investment.“It allows us to be more nimble in executing our production plans while cementing the status of the region as one of the leading production centers in North America,” he said.A total of million in state and local economic development funding will be funneled toward the expansion, and industrial revenue bonds will be issued by the city of Albuquerque to help reduce some taxes for Netflix.The footprint of the production hub will grow with a private land purchase and a lease involving state trust land.The Albuquerque Development Commission signed off on the proposal Monday. The City Council still must give its approval.Over the last 20 years, the film and television industry has become an economic force in New Mexico, with direct spending topping 5 million in the last fiscal year.“This is all outside money coming into the state, which would not be here otherwise,” state Economic Development Secretary Alicia J. Keyes told the commission during a meeting.She said the partnership with Netflix should send a signal that New Mexico is the place to be for film and television production. Businesses have cropped up around the state to support the industry, she said, and data from the state film office suggests 40% of production budgets go to small, local vendors.“So it really is trickling through our economy,” she said.As part of the proposed investment, Netflix has committed to providing training programs in partnership with the New Mexico Film Office, local universities and industry organizations. Netflix also has committed to supporting Native American, Latino, Black and other underrepresented content creators and filmmakers.Since coming to New Mexico in 2018, Netflix said it has spent more than 0 million, used more than 2,000 production vendors and hired more than 1,600 cast and crew members.Netflix is in production in New Mexico on the original films “The Harder They Fall” and “Intrusion” and is expected to soon begin filming “Stranger Things 4” in Albuquerque. 3242

Netflix CEO Reed Hastings and his wife, Patty Quillin, are donating 0 million toward student scholarships at historically black colleges and universities. The couple is giving million to each of three institutions: the United Negro College Fund, Spelman College and Morehouse College. The organizations said it is the largest individual gift in support of student scholarships at HBCUs. Hastings has a history of supporting educational causes, including charter schools. He launched a 0 million education fund in 2016, beginning with money toward college scholarships for black and Latino students.Business leaders have pledged solidarity with the black community amid ongoing protests over police brutality. 726

NEW YOR CITY — A massive sinkhole swallowed an SUV in the Maspeth neighborhood of Queens on Thursday.Police said a Toyota SUV was discovered with the front end of the car in the sinkhole early Thanksgiving morning on 70th Street near 52nd Avenue.Councilman Robert Holden shared photos of the shocking scene on Twitter.Police said no one was inside the SUV at the time. It's unclear if the sinkhole caused damage to any other property. 442

NEW YORK (AP) — An annual tribute to John Lennon held in his adopted city of New York will go online like so many other events during the coronavirus pandemic. Organizers said there was no way they'd miss it, not on what would have been the former Beatle's 80th birthday and their 40th year of gathering to pay homage. The five-hour event will be streamed for free on Lennon's birthday, October 9, starting at 7 p.m. Eastern time on the LennonTribute.org website. “For 40 years, Theatre Within has remembered John with its heartfelt annual tribute, while having a powerful positive impact with its John Lennon Real Love Project music program for those impacted cancer," Yoko Ono said on the event's website. "What a wonderful way to honor John and his highest values!” It will feature recorded performances from Patti Smith, Rosanne Cash, Natalie Merchant, Jackson Browne, Jorma Kaukonen and others.Since there aren't any tickets being sold, contributions are being accepted for programs that benefit people affected by cancer. 1035

NEW YORK (AP) — New York’s Democratic attorney general asked a court to enforce subpoenas into an investigation into whether President Donald Trump and his businesses inflated assets on financial statements.Attorney General Letitia James filed a petition Monday in state trial court in New York City naming the Trump Organization, an umbrella group for the Republican president’s holdings. It also included other business entities.The filing also named Eric Trump and Seven Springs, a New York estate owned by the Trump family.“I took action to force the Trump Organization, and specifically EVP Eric Trump, to comply with my office’s ongoing investigation into its financial dealings,” wrote James on Twitter on Monday. “For months, the Trump Organization has failed to fully comply with our subpoenas in this investigation.”The attorney general’s office is investigating whether the Trump Organization and the president improperly inflated the value of assets to secure loans and obtain economic and tax benefits.James says their investigation began after Michael Cohen, the president’s former lawyer, testified before Congress that Trump’s annual financial statements inflated the values of his assets to obtain favorable terms for loans and insurance coverage, while also deflating the value of other assets to reduce real estate taxes.“We are seeking thousands of documents and testimony from multiple witnesses regarding several Trump Organization properties and transactions, including from Eric Trump, who was intimately involved in one or more transactions under review,” wrote James. 1601

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