Netflix plans 46 L.A. productions this year, eyes New Jersey expansion

Netflix will film 46 productions in Los Angeles in 2024, matching last year’s output while simultaneously advancing a $1 billion film complex in New Jersey [1].

L.A. commitment amid broader expansion

Chief Content Officer Bela Bajaria emphasized that Los Angeles remains Netflix’s “home,” with the company having worked with more than 2,900 L.A. County businesses in 2025 and contributed over $400 million to the city’s economy [1]. The 46 productions slated for this year mirror the same number filmed in 2023, signaling a steady output despite a 13 % dip in on‑location shoots across the region in Q2 2023 [1]. The steady figure contrasts with Netflix’s growing activity elsewhere, including a $1 billion conversion of a former U.S. Army base into a 12‑soundstage complex in New Jersey, where 20 projects are already lined up [1].

Competitive edge through tax incentives

Netflix’s dual‑track strategy leverages differing state incentives. New Jersey’s tax credit covers above‑the‑line costs and lacks a per‑project cap, offering quicker turnover than California’s more restrictive program, which excludes above‑the‑line expenses and imposes caps [1]. This fiscal advantage has already attracted productions to the Garden State, prompting Netflix to secure a lease on the historic Radford Studio Center in Studio City—a 55‑acre lot with 22 stages—though the final purchase terms remain undisclosed [1]. The move positions Netflix alongside other studios expanding outside California, but its continued L.A. presence keeps it anchored in the traditional Hollywood ecosystem.

What to watch

• Radford Studio Center acquisition – finalization of the purchase could reshape Netflix’s studio footprint in Hollywood.
• New Jersey complex construction milestones – completion of the first soundstage will indicate how quickly Netflix can shift production capacity.
• Q3 2024 production spending – tracking Netflix’s share of California’s $5.5 billion scripted‑TV and film spend will reveal whether its L.A. commitment holds steady.

Netflix’s simultaneous push to sustain a robust L.A. slate while building a massive New Jersey hub underscores a strategic bet on diversified production bases. How the company balances these locations amid evolving tax incentives will shape its cost structure and influence the broader Hollywood supply chain.