Netflix CEO Ted Sarandos says the money will go toward projects like Alfonso Cuarón’s film “Roma,” which was made in Mexico and went on to international acclaim.
Netflix is doubling down on its investment on Mexico, pledging $1 billion over the next four years. The move, which was unveiled during a Thursday press conference with co-CEO Ted Sarandos and Mexican President Claudia Sheinbaum,
The chief executive of streaming giant Netflix on Thursday announced a $1 billion investment to produce some 20 films and TV series in Mexico annually over the next four years.
The US streaming service presents an investment plan for the next four years. Mexico's president points out the economic importance.
Netflix has pledged to spend a whopping $1B on Mexican production over the next four years. The streamer's Co-CEO, Ted Sarandos spoke at President Sheinbaum's morning press conference, Thursday, and unveiled the bumper commitment to Mexican production.
"This country holds a special place in Netflix's own history," co-CEO Ted Sarandos said during a press conference in Mexico City.
Netflix has committed $1 billion to Mexico's audiovisual industry over four years to boost production and back local talent.
Streaming giant Netflix (NFLX) is seeking growth in Mexico with a $1 billion investment. During Mexican President Claudia Sheinbaum’s press
This Wednesday, Netflix released its semiannual Engagement Report, which includes about 99% of the total viewing time of titles on the platform during the period from July to December 2024. Here are the results. The second season of the South Korean phenomenon Squid Game topped the list of most-watched series, with over 86.5 million views globally.
Inspired by real events, the Netflix series focuses on the trajectory of the Brazilian national team during the 1970 World Cup in Mexico
Netflix developing a fictional miniseries on the world cup winning Brazil team of 1970.
Mexico's President Claudia Sheinbaum said Netflix's investments in the film industry should produce many jobs beyond immediate production needs.
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