Netflix CEO Ted Sarandos says the money will go toward projects like Alfonso Cuarón’s film “Roma,” which was made in Mexico and went on to international acclaim.

The investment includes $2 million to upgrade facilities at Mexico City’s Churubusco Studios, co-CEO Ted Sarandos says

Netflix will invest $1 billion in series and film production in Mexico over the next four years, significantly expanding the country's audiovisual industry.

The chief executive of streaming giant Netflix on Thursday announced a $1 billion investment to produce some 20 films and TV series in Mexico annually over the next four years.

Netflix has pledged to spend a whopping $1B on Mexican production over the next four years. The streamer’s Co-CEO, Ted Sarandos, spoke at President Sheinbaum’s morning press conference, Thursday, and unveiled the bumper commitment to Mexican production.

Netflix has committed to invest $1 billion in Mexico for the production of series and films over the next four years, meaning from 2025 through 2028, co-CEO Ted Sarandos said during a press conference with Mexican President Claudia Sheinbaum on Thursday.

Netflix has committed $1 billion to Mexico's audiovisual industry over four years to boost production and back local talent.

Netflix CEO Ted Sarandos said that the company's goals are to produce more films and series and strengthen Mexico's film industry.

Streaming giant Netflix (NFLX) is seeking growth in Mexico with a $1 billion investment. During Mexican President Claudia Sheinbaum’s press

The US streaming service presents an investment plan for the next four years. Mexico's president points out the economic importance.

Mexico's President Claudia Sheinbaum said Netflix's investments in the film industry should produce many jobs beyond immediate production needs.