US Edition
Netflix Will Invest $1 Billion For Original Productions In Spain
- Netflix co-CEO Ted Sarandos announced on Tuesday that Netflix will invest over one billion euros in Spain from 2025 to 2028 at the Tres Cantos production hub near Madrid.
- The investment follows Netflix's decade-long presence in Spain and a similar billion-dollar commitment announced earlier this year for Mexico’s productions.
- Since 2017, Netflix has released over a thousand titles from Spain, which collectively attracted more than five billion hours of global viewing last year, fueled by popular shows like Money Heist and Elite.
- Sarandos highlighted that Spanish originals have supported over 20,000 jobs nationwide and praised iconic cultural symbols like Dali masks and red jumpsuits as globally recognized elements.
- This investment demonstrates Netflix's deep commitment to Spain’s audiovisual sector, aiming to grow the economy, foster creative talent, and bring Spanish stories to international audiences.
50 Articles
50 Articles
Ricardo Bofill's iconic work is one of the locations of the television content platform's commemorative ad.
Netflix to invest over US $1 billion in Spain
¡Luces, cámara, acción! Netflix co-CEO Ted Sarandos has announced that Netflix is ready to invest over US $1 billion (1.14 billion, to be exact) in Spain over the next four years. The announcement was made on Tuesday, June 10, at Netflix’s European Production Hub in Madrid in light of the company’s tenth anniversary in Spain. Accompanying Sarandos were Netflix’s VP of content in Spain, Portugal… Source
The streaming platform that has captured millions of screens, Netflix, announced its massive investment plans in Spanish territory. According to the original report, the company will put on the table more than 1 billion euros (about 1,140 million dollars) to produce content over the next four years.This announcement was made at an event held in Madrid, marking a significant milestone in the expansion of its international operations.An announceme…
The Elkhart Truth
Netflix to invest 1 bn euros in Spain productions to 2029
US streaming giant Netflix said on Tuesday it was going to invest more than a billion euros ($1.1 billion) in productions in Spain, which has become one of its audiovisual creation hubs in Europe.
From 'Sacred Games' to Sanjay Leela Bhansali's 'Heeramandi', netizens talk about Netflix CEO Ted Sarandos' revelations in viral interview
He covered a range of topics, from Anurag Kashyap and Vikramaditya Motwane's 'Sacred Games' to Sanjay Leela Bhansali's 'Heeramandi'. And netizens cannot stop reacting
Coverage Details
Bias Distribution
- 38% of the sources lean Left, 38% of the sources are Center
To view factuality data please Upgrade to Premium
