Newark’s Bold Move: Proposed Film Studio and Affordable Housing Project with Whoopi Goldberg‘s MBS Group
Mayor Ras J. Baraka recently announced that the City of Newark is in active discussions to establish a major film and TV studio presence in Newark. This proposed project will be a significant step in positioning Newark as a premier hub for television and film production on the East Coast, generating new jobs, affordable housing, and economic growth through the arts and entertainment sectors.
Whoopi Goldberg-Led ‘Hollywood Studio’ May Be Coming To NJ’s Largest City
Newark is trying to bring a “Whoopi Goldberg-led Hollywood studio” to the city, officials announced Friday. Mayor Ras Baraka said the ongoing talks are part of the effort to “bring Newark full circle” to its early days as the world’s film capital.
Newark eyes studio deal with EGOT Goldberg, MBS Group
Newark Mayor Ras Baraka announced May 9 that the city is in active discussions with The MBS Group, the world’s largest studio services and infrastructure company, and its partner Whoopi Inc., led by Goldberg, to establish a major studio presence in Newark.
Film Ready New Jersey Program Prepares Communities for Movie and TV Productions
The New Jersey Motion Picture and Television Commission (NJMPTVC), a division of the New Jersey Economic Development Authority (NJEDA), announced that 14 municipalities and four counties have successfully completed the rigorous Film Ready New Jersey Program and are now officially designated as Film Ready Communities.
Newark Mayor: ‘We’re Ready for Our Close-Up’
This city is enjoying its post-pandemic popularity as one of North Jersey’s most photogenic backdrops for new movies and television shows.
Lionsgate studio in Newark could qualify for tax break up to $100M
A $194 million film and television studio being built in Newark could qualify for up to $100 million in state subsidies as part of a deal approved Dec. 21. That comes on the heels of Netflix’s plans to spend over $850 million to redevelop nearly 300 acres of the former Fort Monmouth complex into its own studio complex.
Lionsgate Expands New Jersey Production Ties
The major studio will earn new bonuses from the state’s tax break program as an anchor tenant in a $125 million Newark film studio complex now under construction.