Netflix to invest over $1.14 billion in Spain until 2029


Smartphone with Netflix logo is placed on a keyboard in this illustration taken April 19, 2022. REUTERS/Dado Ruvic/File Photo

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)

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

Boys at her school shared AI-generated, nude images of her. After a fight, she was the one expelled
Banks in M'sia urge customers to update browsers and mobile OS for enhanced security
Waymos froze, blocked traffic during San Francisco power outage
Cancer stole her voice. She used AI, curse words and kids’ books to get it back
Once a gamble in the desert, electric grid batteries are everywhere
How a cryptocurrency helps criminals launder money and evade sanctions
The role of AI and 5G in powering Malaysia's autonomous buses
How much water does AI actually use? Depends on whom you ask
South Korea's consumer agency to order SK Telecom to compensate 58 hacking victims
Opinion: What happens to online discussion forums when AI is the first place people turn?

Others Also Read