M&A Deal Summary

Netflix Acquires ABQ Studios

On October 8, 2018, Netflix acquired media company ABQ Studios

Acquisition Highlights
  • This is Netflix’s 2nd transaction in the Media sector.
  • This is Netflix’s 2nd transaction in the United States.
  • This is Netflix’s 1st transaction in New Mexico.

M&A Deal Summary
Date 2018-10-08
Target ABQ Studios
Sector Media
Buyer(s) Netflix
Deal Type Add-on Acquisition

Target

ABQ Studios

Albuquerque, New Mexico, United States
ABQ Studios consists of 8 sound stages, production offices, mill space and a back lot. They offer a variety of production support from in-house lighting and grip to equipment rental. Major productions filmed in part at ABQ Studios include Avengers, The Lone Ranger, and Sicario.

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Buyer(S) 1

Buyer

Netflix

Los Gatos, California, United States
Category Company
Founded 1997
Sector Digital Media
Employees13,000
Revenue 33.7B USD (2023)
DESCRIPTION
Entrance to Netflix's corporate headquarters in Los Gatos, California.
Entrance to Netflix's corporate headquarters in Los Gatos, California.

Netflix is an internet-based provider of entertainment. Through subscriptions, Netflix offers consumers online content including TV shows and movies. Netflix was formed in 1997 and is based in Los Gatos, California.

DEAL STATS #
Overall 2 of 5
Sector (Media) 2 of 2
Type (Add-on Acquisition) 2 of 5
State (New Mexico) 1 of 1
Country (United States) 2 of 4
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-08-07 Millarworld

United States

Millarworld is an entertainment company publishing, cinema, clothing, video-games and toys.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-09 StoryBots

Marina Del Rey, California, United States

Ask The StoryBots is a Netflix original animated series that has continued to find new families to entertain and educate, with an audience that has grown significantly year over year since it first started streaming in 2016. The series makes innovative use of multiple formats, including 3D, 2D, claymation, stop motion, and even live action.

Buy -
Mergr

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