Netflix has pledged to spend a whopping $1B on Mexican production over the next four years. The streamer’s Co-CEO, Ted Sarandos spoke at President Sheinbaum’s morning press conference, Thursday, and ...

Netflix CEO Ted Sarandos says the money will go toward projects like Alfonso Cuarón’s film “Roma,” which was made in Mexico and went on to international acclaim.

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Netflix has committed $1 billion to Mexico's audiovisual industry over four years to boost production and back local talent.

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