Netflix plans to pass $ 1 billion of fact in Mexico on the next 4 years

Streaming juggernaut Netflix Plans to pass $ 1 billion on the movie and TV production in Mexico over the next four years. CEO TED SARANDOS announced the floor plan during a picture conference with the President of Mexico, Claudia Sheinbaum. The injection of the capital could finance 20 productions per year, on average.

During the event of Thursday, netflix also announced a $ 2 million investment In the Mexico’s Mexico’s Churusco studs to improve the facilities. The purpose is to reinforce the National Industry. I am

“Our trip to Mexico brought us north. From the sunsets on California Baja’s penis on the Sunris on Caribbean Coast,” Sarandos said. “We have produced in addition to 50 places in 25 states. With this employer renewed, waited to prepare our partnership even more.”

Mexico occupies a key place in netflix history. The show tv Cuervos clubs, Who was produced in the country and awarded in 2015, was the first series of the company out of the United States.

Since then, the netflix continued to make projects in the Mexico that were popular and abroad. Movies like Rome, BARDDO, and it Pinocchio, Of Mexican Directors Alfonso Curanón, Alejandro Angel Iñritus, and Toro Guillermo, and steamed, have stared the fleet. In 2020, the company has set their American Latina seat in Mexico City, and in the last five years its work force that is cultivated tutin.

“Together with the government of the Mexican and help them only programs that helps develop programs and creative talent in the world of leisure.” Sarandos.

The CEO revealed that the recent production of the film of present PEDO PARAMO Contributed more than 375 million (approximately $ 18.5 million to the gross and generated domestic product in sectors, and transport, and transportation.

For their part, Sharbaum noted netflix decision to invest in the country not only of Mexico, but also cultural recognition, wealth for the original production of original content.

“These productions are from Mexican talent; they arrive at a place to produce an idea that was generated in the world because it is economy,” shinbaum said. “This is about Mexican Talent, Creativity and cultural wealth.” She suggested that his administration has behind these projects with possible government support for sector.

Business opportunities for Netflix in Mexico are obvious. The country has millions of streaming clients and each of keeping several subscriptions in a while, depending on the firm bango of marketing. Netflix is ​​between the most popular platforms between Mexicans. According to a Half HROO study, is the second video-on-at-Demand application, with a part of the 21 per cent market.