Netflix won a $55 million bid in 2021 to acquire the 289-acre “mega-parcel” at Fort Monmouth, a former U.S. Army base spanning the boroughs of Oceanport and Eatontown near Route 35.

“I’m sure that they will sign a couple of other big YouTubers, but they can’t take all of YouTube and bring it to Netflix,” Shaw added. “They can just pick off a couple of the top people ...