Netflix streaming giant executive directoron Thursday a Investment of one billion dollars to produce films and television series in Mexico during the next four years.
At a morning press conference in Mexico City, Executive Director Ted Saraonds said he hoped to establish more associations with producers in the Latin American nation.
President Claudia Sheinbaum He said at the same conference that investments in the film industry should produce many jobs beyond the immediate production needssuch as hospitality for filming team members and fashion designers, and also stimulate tourism.
The agreement also reflects Netflix’s growing interest in collaborating with local industry and Contribute to the development of Mexico’s creative economy.