Netflix Announces $1 Billion Investment in Mexican Film and TV Production

The four-year commitment aims to boost Mexico's audiovisual industry and support local talent development.

Netflix Co-CEO Ted Sarandos revealed the $1 billion investment during a press conference with Mexican President Claudia Sheinbaum in Mexico City.
The initiative includes $2 million for upgrades to the historic Churubusco Studios in Mexico City, a key production site in the country.
Netflix plans to support programs fostering diverse and creative talent behind the camera, building on a $1 million fund announced in 2024.
The streaming giant has a deep history in Mexico, producing its first international series, 'Club de Cuervos,' in the country and collaborating on award-winning projects like 'Roma' and 'Guillermo del Toro's Pinocchio.'
The investment is expected to generate significant economic benefits, with studies highlighting the multiplier effect of audiovisual spending on local economies.