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flag Netflix pledges over €1 billion for Spanish productions, boosting local industry and jobs.

flag Netflix plans to invest over €1 billion in Spanish productions over the next four years, aiming to boost the local content industry. flag The announcement was made by Netflix's co-CEO, Ted Sarandos, during a visit to the company's large production hub near Madrid. flag Since opening its studios in Spain in 2019, Netflix has supported over 20,000 jobs and turned the area into a major production site within the EU.

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