Does Netflix Own a Studio and How It Operates Globally
Does Netflix Own a Studio and How It Operates Globally
In the bustling world of entertainment and media, Netflix stands out not just as a streaming service, but as a major player in the production and development of original content. It has evolved from a mere streaming platform to a formidable studio, owning and operating studios across the globe. This article delves into the extent of Netflix's studio ownership and the global network it has built to support its film and TV production needs.
Netflix’s Studio Ownership
Netflix is indeed a studio in every sense of the term. It develops, produces, and distributes a wide range of original content, from blockbuster films to hit TV series. Unlike traditional studios that focus merely on production, Netflix has embraced a comprehensive approach, making it a formidable competitor in the entertainment industry.
One crucial aspect of Netflix’s studio operations is its real estate holdings in major entertainment hubs. For example, the company possesses and leases several locations in Los Angeles, which are pivotal to its production activities. These facilities allow for smooth production processes and are crucial to maintaining the high standards of quality that Netflix is known for.
Near-Year Production Hubs: ABQ Studios
Netflix has expanded its footprint by acquiring and transforming various physical locations into production hubs. One such example is Albuquerque Studios in New Mexico. In 2018, Netflix acquired this studio and announced its plans to convert it into a production center later that year. According to reports, Netflix set to take over operations at ABQ Studios in 2020, positioning it as a key part of its production network.
Global Studio Network in Action
Netflix’s commitment to building a global studio network is evident in its choice of locations and facilities. The company has strategically invested in different regions to ensure worldwide production capabilities. For instance, apart from ABQ Studios, Netflix also operates in other locations. In Los Angeles, it uses part of the Sunset Bronson Studio, a historic venue known for its diverse spaces and rich history in the film industry.
In the United Kingdom, Netflix leverages Pinewood’s Shepperton Studios. These facilities provide a robust infrastructure for the production of high-quality content, catering to the diverse needs of various projects. The choice of Shepperton Studios reflects Netflix’s strategic location in high-quality production hubs, where top talent and state-of-the-art equipment are available.
The Benefits of Netflix’s Studio Network
The advantages of Netflix’s studio network are manifold. Firstly, it ensures consistency in production quality, as the company has control over the production processes from start to finish. Secondly, it allows for greater flexibility and efficiency, as projects can be sourced from multiple locations as needed. Lastly, it fosters a creative and collaborative environment, enabling the company to produce diverse and innovative content.
Conclusion
Netflix’s studio ownership is not just a strategic move but a necessary component of its success as a global entertainment giant. By owning and operating studios in key locations, the company has established a robust production network that supports its extensive portfolio of original content. This network not only ensures high-quality productions but also enhances its competitive edge in the rapidly evolving entertainment landscape.
Keywords: Netflix studio, production hub, global studio network