Netflix Unveils $1 Billion Mexican Investment Over the Next 4 Years
- Netflix plans to invest $1 billion in Mexico's audiovisual industry over the next four years, as announced by Co-CEO Ted Sarandos during a press conference with Mexican President Claudia Sheinbaum.
- This investment aims to support local production and create nationwide opportunities, benefiting Mexican production companies.
- As part of this commitment, Netflix will allocate $2 million to Churubusco Studios to enhance its facilities, reinforcing its ongoing support for Mexican filmmaking.
- Over the past six years, Netflix's local employee base in Mexico has grown from 30 to nearly 400, according to the company.
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Total News Sources44
Leaning Left6Leaning Right3Center0Last UpdatedBias Distribution67% Left
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- 67% of the sources lean Left
67% Left
L 67%
R 33%
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