Skip to Main Content

Netflix’s planned studio expected to bring massive payout

Netflix applied for a Payment in Lieu of Taxes program

09/30/2025

NJ Spotlight News

Netflix’s planned studio expected to bring massive payout

Clip: 9/30/2025 | 1m 24sVideo has Closed Captions

Netflix applied for a Payment in Lieu of Taxes program

Eatontown could receive a massive $47 million payout under a new tax agreement with Netflix. Eatontown Mayor Anthony Talerico, Jr. announced last week that Netflix applied for a Payment in Lieu of Taxes program, otherwise known as PILOT, which means that in addition to this initial payout, the borough stands to receive annual payments over the next 30 years.

09/30/2025

Problems playing video?   | Closed Captioning Feedback

Report a Problem

Before you submit an error, please consult our Video Help page.

Problems playing video?   | Closed Captioning Feedback

Report a Problem

Before you submit an error, please consult our Video Help page.

NJ Spotlight News is a local public television program presented by THIRTEEN PBS

NJ Spotlight News

Netflix’s planned studio expected to bring massive payout

Clip: 9/30/2025 | 1m 24sVideo has Closed Captions

Eatontown could receive a massive $47 million payout under a new tax agreement with Netflix. Eatontown Mayor Anthony Talerico, Jr. announced last week that Netflix applied for a Payment in Lieu of Taxes program, otherwise known as PILOT, which means that in addition to this initial payout, the borough stands to receive annual payments over the next 30 years.

09/30/2025

Problems playing video?   | Closed Captioning Feedback

Report a Problem

Before you submit an error, please consult our Video Help page.

How to Watch NJ Spotlight News

NJ Spotlight News is available to stream on pbs.org and the free PBS App, available on iPhone, Apple TV, Android TV, Android smartphones, Amazon Fire TV, Amazon Fire Tablet, Roku, Samsung Smart TV, and Vizio.

Support for PBS provided by:

NJ Spotlight News is a local public television program presented by THIRTEEN PBS

Sign in with Email

or

Continue with GoogleContinue with FacebookContinue with Apple

By creating an account, you acknowledge that PBS may share your information with our member stations and our respective service providers, and that you have read and understand the Privacy Policy and Terms of Use.

Are you sure you want to remove null from My List?