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Lionsgate amps up the Hollywood vs New York fight for entertainment dollars


In New York City, its lights, camera, action — and that action is boosting the metropolitan area’s economy.

It’s “Hollywood on the Hudson” with Thursday’s announcement of a new $100 million dollar production facility in Yonkers, N.Y. from Lionsgate Studios. The new facility — just beyond the New York City border — joins a growing list of planned film production facilities in the area.

Curbed New York reported that Wildflower Studios, backed by New York native and Hollywood icon Robert DeNiro, will be building a $425 million dollar studio in the Astoria section of Queens. While just over the county line in Brooklyn, the  New York City Economic Development Corporation and the Mayor’s Office of Media and Entertainment are asking developers for plans to turn nearly 200,000 square feet of waterfront real estate in Sunset Park into a dedicated film/television/media production facility, according to Variety.

“We are so excited to have another new facility benefiting New York state-based production work,” NYC Media and Entertainment Commissioner Anne del Castillo told FOX Business when asked about the new Lionsgate facility just north of the city, “With such close proximity to New York City,  it is sure to create new jobs for people in around the area.”

See more at Fox Business.


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