Paramount Secures 10-Year Lease at New Jersey's 1888 Studios
Paramount is set to occupy over 285,000 square feet at 1888 Studios in Bayonne, New Jersey, as part of its strategy to expand production in the state, which offers lucrative tax incentives. This move aligns with New Jersey's growing reputation as a major hub for film and TV production, supported by significant infrastructure investments and attractive tax credits, including a potential 40% subsidy for qualifying productions.