Netflix to Invest $1 Billion for Film Production in Mexico

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Netflix to Invest $1 Billion for Film Production in Mexico

Netflix has announced that it will be investing over $1 billion for film and TV production in Mexico over the next four years. Netflix co-CEO Ted Sarandos announced the move on Thursday during a press conference with Mexican President Claudia Sheinbaum. “This investment, and the productions derived therefrom, will benefit Mexican production companies and will contribute to the growth of the local audiovisual industry and the creation of opportun…

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Netflix has announced an investment of $1 billion in Mexico over the next four years for the production of series and films in collaboration with local producers. The company’s executive director, Ted Sarandos, made the announcement during a press conference in Mexico City, highlighting the intention to develop about 20 annual productions in the country. In addition to investing in content, Netflix will allocate $2 million for the remodeling of …

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Netflix to invest $1 billion in Mexico over next four years

Netflix has announced a major $1 billion investment in Mexico’s film and television industry, reinforcing its commitment to expanding local productions and boosting the country’s creative sector. The announcement was made by Netflix co-CEO Ted Sarandos during a press event in Mexico City alongside Mexican President Claudia Sheinbaum, highlighting the streaming giant’s long-term commitment to Latin America. A Major Boost for Mexico’s Film Industr…

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The US company has announced a $1 billion investment in a context of tariffs and instability

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Netflix CEO announces $1 billion investment in Mexico - CEO North America

Netflix co-CEO Ted Sarandos met with President Claudia Sheinbaum to announce the streaming giant’s $1 billion investment in Mexico. Netflix will also invest $2 million in Churubusco Studios in Mexico City to enhance its facilities. During a press conference with President Sheinbaum, Sarandos said, “This investment, and the productions derived therefrom, will benefit Mexican production companies and will contribute to the growth of the local audi…

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Over the next four years, streaming giant Netflix will invest one billion US dollars in the production of series and films in Mexico. This announced Ted Sarandos, CEO of Netflix, on Thursday morning (20th) local time. Sarandos stated that Netflix intends to produce an average of twenty productions per year in Mexico. "Our trip to Mexico has so far [...] The post Netflix invests one billion US dollars in the production of series and films in Mexi…