[HN Gopher] Netflix to open $900M facility at former Fort Monmou...
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Netflix to open $900M facility at former Fort Monmouth Army base in
New Jersey
Author : walterbell
Score : 68 points
Date : 2023-01-15 16:43 UTC (6 hours ago)
(HTM) web link (www.foxbusiness.com)
(TXT) w3m dump (www.foxbusiness.com)
| crawsome wrote:
| I can't wait until the jobs are posted up. I wouldn't mind the
| corporate climate for a couple years.
| KoftaBob wrote:
| Primary source: https://about.netflix.com/en/news/governor-
| murphy-and-netfli...
| samwillis wrote:
| This seems like a fairly obvious move, reduce production cost
| through vertical integration. Hopefully it translates to better
| content, and opening up to new talent. Only a few years ago
| Netflix was notorious for being the place where new talent could
| get a production made, but increasingly they have moved to just
| churning out content made by their established partners.
|
| I wander how long it will be until they open a theme park,
| "Netflix World"...
|
| I think this is roughly where the lot is:
| https://maps.app.goo.gl/E8dzQLPwGH7MdesU8?g_st=ic
|
| The old base extends nearly 2 miles from that point to the right,
| plenty of space for a theme park...
| MonkeyMalarky wrote:
| I'm not so sure vertical integration will lead to better
| content . A lot of their shows have a distinct "Netflix" look
| and feel to them, from the writing to the production. I see it
| just getting more homogenized.
| scyzoryk_xyz wrote:
| They're also somewhat successful at keeping people paying
| around the world.
|
| It's not about creating masterpieces. It's about maintaining
| consistent production pipelines at scale. This is really a
| return to the 30's 40's style Hollywood studio system.
|
| Also makes sense to be making investments like this when
| selling advertisers on that new ad streaming tier. You want
| to send a message that you will be reliable in the long term.
| konfusinomicon wrote:
| I can't wait for all the exciting mediocrity and over priced
| food that netflix world will offer. the comedians in cars
| getting coffee roller coaster is gonna be intense
| woodruffw wrote:
| I wonder if/how they'll attract people to live there: Monmouth is
| _very_ close to NYC (under 20 miles from lower Manhattan by
| boat), but the only transit is NJT. I'm not sure if there's ever
| been plans to add ferry service to the area.
|
| Either way, seems like a good use of an old base!
| sklargh wrote:
| I'd be somewhat surprised if Netflix didn't establish a private
| shuttle from the Highlands Ferry to Fort Monmouth.
| roflyear wrote:
| It's a smart move. Lots of tech talent has moved to that area
| during COVID.
| [deleted]
| cj wrote:
| For perspective, Netflix spent $18 billion on content production
| in 2022 and $17 billion the year prior. [0]
|
| Looks like Netflix's largest production location is 300 acres in
| New Mexico (slightly larger than this new location).
|
| Interesting that they chose the tristate area which, in general,
| tends to be more expensive than places like New Mexico
| (construction, wages, cost of living, etc).
|
| [0] https://www.statista.com/statistics/964789/netflix-
| content-s...
| thefounder wrote:
| So much money and energy spent for a lot of junk content
| orange_joe wrote:
| Presumably there is stronger talent in NJ given the existing tv
| productions in the state. It's not all a race to the bottom,
| particularly in industries with outsider winners.
| keiferski wrote:
| Probably a lot cheaper to transport film talent and equipment
| to NJ than New Mexico.
| recycledmatt wrote:
| This is right next to the wife's hometown. People are very
| excited. The nearby Monmouth Racetrack has been in decline for a
| long time, and it has impacted local tax revenue. Only getting
| worse with online sports betting.
|
| Already there is a brewery and some other restaurants going in on
| the base. The base is huge - this is just a small portion of the
| development happening.
| JoeDaDude wrote:
| Swords to plowshares? I used to work there as a contractor a long
| time ago. Another place I worked at, the Naval Air Development
| Center in Pennsylvania, was also closed. The human centrifuge
| became a disco. Both military bases are now devoted to
| entertainment.
|
| https://rentthefuge.com/
| chrisrohlf wrote:
| I used to work at this location when it was an active military
| base. The Army Signal corps made movies there long before
| Netflix. As a local resident its nice to see some reinvestment in
| the base a full 12~ years since BRAC was finalized and the gates
| closed for good. It's a beautiful campus with proximity to the
| ocean and NYC. I do wonder what lies beneath that soil though...
|
| https://tworivertimes.com/move-over-netflix-the-army-signal-...
| kyleee wrote:
| What's the environmental status of the base? I'd bet it would
| qualify as a superfund site and am curious to know what type of
| testing has been done by Netflix and parties involved in the sale
| systems_glitch wrote:
| Right next door to InfoAge Science Center at the old Camp Evans
| Army signal corps lab and radio installation!
| chrisrohlf wrote:
| Most people have no idea this exists or any of the historic
| events and scientific achievements that happened at these
| locations or in the near by area such as the Horn Antenna or
| Radio Astronomy at the old Bell Labs site in Holmdel.
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(page generated 2023-01-15 23:01 UTC)