Netflix to Invest $1 Billion in Mexican Film and TV Production

Netflix to Invest $1 Billion in Mexican Film and TV Production

Business 21 February 2025 23:55

Netflix will invest $1 billion in Mexican film and television production over the next four years, co-CEO Ted Sarandos announced during a press conference alongside Mexico’s President Claudia Sheinbaum, CE Report quotes Anadolu Agency

Sarandos emphasized Netflix’s strong relationship with Mexico, dating back to its first international series, Club de Cuervos. He highlighted the economic impact of productions like Pedro Páramo, which contributed around $18.5 million to Mexico’s GDP.

Mexico’s audiovisual industry generates $3 billion annually, with each dollar invested creating $1.60 in added value. Netflix productions span over 50 locations across 25 states, and the company is strengthening its collaboration with Churubusco Studios to enhance infrastructure and support diverse talent.

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