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Netflix Commits $1 Billion to Mexican Film and TV Production

The four-year investment aims to boost Mexico's audiovisual industry, create jobs, and showcase local talent on a global scale.

  • Netflix announced a $1 billion investment in Mexico for film and TV production over the next four years, with plans to fund approximately 20 productions annually.
  • The initiative includes a $2 million upgrade to Mexico City's historic Churubusco Studios, a key hub for the country's film industry.
  • Netflix's commitment will create thousands of jobs across multiple sectors, including hospitality, transportation, and manufacturing, while supporting local production companies and talent.
  • The company highlighted Mexico's cultural richness and history with successful projects like 'Roma,' 'Bardo,' and 'Pinocchio,' produced in collaboration with Mexican creators.
  • Netflix established its Latin American headquarters in Mexico City in 2020, and its local workforce has grown significantly, from 30 employees in 2019 to nearly 400 today.
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