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    1. Home
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    3. >Netflix to invest over $1.14 billion in Spain until 2029
    Finance

    Netflix to Invest Over $1.14 Billion in Spain Until 2029

    Published by Global Banking & Finance Review®

    Posted on June 10, 2025

    1 min read

    Last updated: January 23, 2026

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    Tags:innovationinvestmentfinancial community

    Quick Summary

    Netflix plans to invest over €1 billion in Spanish content by 2029, as announced by co-CEO Ted Sarandos in Madrid.

    Netflix Plans to Invest Over €1 Billion in Spanish Content by 2029

    MADRID (Reuters) -Netflix is set to invest over 1 billion euros ($1.14 billion) to produce content in Spain over the next four years, the streaming giant's co-CEO, Ted Sarandos, told an event in Madrid on Tuesday.

    ($1 = 0.8756 euros)

    (Reporting by Inti Landauro; Writing by David Latona; Editing by Andrei Khalip)

    Key Takeaways

    • •Netflix will invest over €1 billion in Spain by 2029.
    • •The investment focuses on producing Spanish content.
    • •Ted Sarandos, Netflix's co-CEO, announced the plan.
    • •The investment spans the next four years.
    • •This move aims to boost local content production.

    Frequently Asked Questions about Netflix to invest over $1.14 billion in Spain until 2029

    1How much is Netflix investing in Spain?

    Netflix is set to invest over 1 billion euros, equivalent to $1.14 billion, in content production in Spain over the next four years.

    2Who announced the investment?

    The announcement was made by Netflix's co-CEO, Ted Sarandos, at an event in Madrid.

    3What is the timeframe for Netflix's investment in Spain?

    The investment will take place over the next four years, extending until 2029.

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