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Netflix setting up production hub in Toronto

Last Updated Feb 19, 2019 at 9:18 am EDT

FILE- This July 17, 2017, file photo shows a Netflix logo on an iPhone in Philadelphia. Netflix, Inc. reports earnings Monday, July 16, 2018. Netflix started 2018 with almost 118 million subscribers and went on to win its first feature-film Oscar. It briefly surpassed Disney as the most valuable U.S. media company and lured the likes of superstar show runners Shonda Rhimes and Ryan Murphy, not to mention Barack and Michelle Obama. For that and more, Netflix has been named The Associated Press Entertainer of the Year, voted by members of the news cooperative and AP entertainment reporters.(AP Photo/Matt Rourke, File)

Netflix is setting up a dedicated production hub in Toronto, which film and T-V creators hope will provide new opportunities for local talent.

The California-based streaming giant is expanding its presence in Canada by leasing two studio spaces along the downtown industrial waterfront area.

At Cinespace Studios, Netflix is leasing four new sound stages — along with spaces for office and support work — totalling approximately 164-thousand square feet.

At Pinewood Toronto Studios, Netflix is also leasing four sound stages and adjacent office space totalling 84,580 square feet.

Netflix says the commitment will provide jobs for up to 1,850 Canadians per year, and that the leases are “multi-year” but didn’t specify for exactly how long.

Cinespace says its sound stages leased by Netflix are under construction and set to be operational this summer while Pinewood says Netflix will move a production onto one of its sound stages in the next couple of weeks.

Projects already set to be made at the hub include the horror anthology series “Guillermo del Toro Presents Ten After Midnight” and the film “Let It Snow.”