Netflix plans to invest $1 billion in film and TV production in Mexico over the next four years, which could fund about 20 productions annually. During a press conference, CEO Ted Sarandos highlighted Netflix's growing presence and historical significance in Mexico, mentioning major works by renowned directors. The company also announced a $2 million investment in Churubusco Studios to improve facilities and enhance the Mexican film industry, emphasizing their commitment to talent development and local economic impact.
"Together with the government of Mexico and the industry, we will continue to fund programs that help develop diverse and creative behind-the-scenes talent in the world of entertainment."
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