
Netflix’s $47M Deal Could Transform Eatontown With Massive Studio Project
Netflix’s $903 million plan to create a cutting-edge production studio at Fort Monmouth could help Eatontown’s economy in the first phase. The streaming behemoth is offering the town a $47 million payoff and decades of revenue under a proposed Payment in Lieu of Taxes (PILOT) arrangement. The Eatontown planning board approved the final and largest…