Netflix to Open Production Hub in New Mexico The streamer is negotiating to buy a multimillion-dollar studio complex <br />in the city of Albuquerque. Production work is expected to result in $1 billion in spending over the <br />next decade. In addition, more than $14 million in public economic development funding <br />is being tapped. Ty Warren, Netflix VP of physical production. via statement State officials have touted the investment, saying years of work to put New Mexico on the movie-making map are <br />paying off. Netflix has previously produced the <br />Emmy-winning limited series 'Godless' and 'Longmire' in New Mexico.