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Netflix Pledges Over €1 Billion Investment in Spain on 10th Anniversary

Netflix says the funding will fuel job creation through a broader slate of Spanish productions that cultivate local talent.

Una imagen de 'La casa de papel', uno de los hits españoles de Netflix a nivel global, solo por detrás de 'El juego del calamar'.
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Overview

  • Ted Sarandos unveiled the commitment during Netflix’s 10th-anniversary celebration in Madrid on June 10.
  • The platform will allocate over €1 billion between 2025 and 2028 to expand its local production slate.
  • To date, Netflix has produced more than 1,000 Spanish titles and collaborated with over 60 production companies across 200 cities.
  • Its Tres Cantos studios cover 22,000 m² with 10 sound stages, positioning them among the largest filming hubs in Europe.
  • Spanish originals delivered over 5 billion viewing hours globally last year, and President Pedro Sánchez hailed Netflix for promoting Spain’s culture and tourism.