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Netflix pledges $1 billion to produce content in Mexico over four years, boosting local film industry.
Netflix announced a $1 billion investment in Mexico over the next four years to produce TV series and films, with an additional $2 million to upgrade facilities at Churubusco Studios.
The investment was announced during a press conference with Mexican president Claudia Sheinbaum.
Netflix has backed Mexican films like "Roma" and opened its Latin American headquarters in Mexico, where its workforce has grown to nearly 400 since 2019.
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Netflix promete $1 mil millones para producir contenido en México durante cuatro años, impulsando la industria cinematográfica local.