Netflix is taking on close to 250,000 square feet of studio and office space in Toronto, as part of its agreement to invest in Canada’s entertainment industry.
The company announced pacts to lease two studio spaces with Cinespace Studios for around 164,000 square feet of space, including four sound stages. In addition, it signed with Pinewood Toronto Studios for four sound stages and adjacent office space comprising a total footprint of approximately 84,580 square feet.
The new spaces add to Netflix’s existing physical production footprint in Canada, which includes a lease of British Columbia’s Martini Film Studios and production sites it sets up on a per-production basis.
According to Netflix, the new Toronto facilities will provide up to 1,850 production jobs per year.
Read more about it here.