Netflix has just announced that it wants to expand its physical presence in Canada with new studio space: this time in downtown Toronto.
The streaming giant is leasing two waterfront studios to Canadian producers. The move will create around 1,850 jobs for Canadians every year.
This will allow Netflix to continue filming original series in Canada, such as the horror anthology series Guillermo del Toro Presents Ten After Midnight, and the film Let It Snow.
TL;DR Netflix is leasing new studio spaces in downtown Toronto, which will expand both its Canadian physical presence and the amount of original content that Canadian Netflix produces.
Netflix will be using two studios in Toronto's downtown area, which will create a dedicated "production hub."
At Cinespace Studios, Netflix will lease space, which includes stages and offices, totaling approximately 164,000 square feet. At Pinewood Toronto Studios, Netflix will lease four sound stages and adjacent office space of more or less 84,580 square feet.
These sites will be used to support new and existing Netflix original series, including a much-anticipated series by Guillermo del Toro. Ty Warren, Vice President, Physical Production for Netflix stated that “these new leases will enable us to expand our presence in Canada and provide a wealth of production jobs for skilled Canadian workers.”
Netflix has already produced a wide array of shows in Canada, such as Hemlock Grove (Toronto), A Series of Unfortunate Events (Vancouver) and The Chilling Adventures of Sabrina (Vancouver).
Ontario's Minister of Tourism, Culture, and Sport stated that “Today’s announcement demonstrates that Ontario is now one of the most attractive places in the world for investment. We are creating an environment for job creators and workers to thrive, including in Ontario’s industry-leading film production sector.”
Are you excited for new Canadian content?