Netflix to invest over $1.14 billion in Spain until 2029
Published by Global Banking & Finance Review®
Posted on June 10, 2025
1 min readLast updated: January 23, 2026
Published by Global Banking & Finance Review®
Posted on June 10, 2025
1 min readLast updated: January 23, 2026
Netflix plans to invest over €1 billion in Spanish content by 2029, as announced by co-CEO Ted Sarandos in Madrid.
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)
Netflix is set to invest over 1 billion euros, equivalent to $1.14 billion, in content production in Spain over the next four years.
The announcement was made by Netflix's co-CEO, Ted Sarandos, at an event in Madrid.
The investment will take place over the next four years, extending until 2029.
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