After unveiling plans in February to spend $1B on Mexican production over the next four years, Netflix (NFLX) co-CEO Ted Sarandos has made a similar commitment to Spanish originals, saying at Netflix’s Tres Cantos Madrid hub that the company will invest $1.1B in the country by 2029, Deadline’s Jake Kanter reports. Sarandos says Spanish titles have generated over 5B hours of viewing on Netflix after the streamer has partnered with local storytellers over the past decade.
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