#Netflix plans 5M production hub at former NJ Army base

#Netflix plans $905M production hub at former NJ Army base

“Netflix plans $905M production hub at former NJ Army base” Streaming giant Netflix will invest $905 million to transform a vacant Army base in New Jersey into its East Coast production hub. The streamer, known for hits like “Stranger Things” and “Emily in Paris,” said it paid $55 million for the 292-acre Fort Monmouth base,…

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#AMC Entertainment shares tank after unveiling 0M plan

#AMC Entertainment shares tank after unveiling $110M plan

“AMC Entertainment shares tank after unveiling $110M plan” Meme-stock darling AMC Entertainment saw its share price nosedive Thursday after the world’s largest movie theater chain announced plans to raise $110 million in new capital and proposed a reverse stock split. AMC shares plunged nearly 15% in midmorning trading as the stock hit a new 52-week low…

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