Costa News Spain Breaking News | English News in Spain.
NETFLIX will invest €1 billion in Spanish productions over the next four years.
Ted Sarandos, co-CEO of Netflix, made the announcement on Tuesday during a tour of its Tres Cantos 22,000 m2 production hub located north from Madrid.
Sarandos spent 10 years in Spain making films and tv series.
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Pedro Sanchez, the Prime Minister of Spain, joined Netflix’s executive at Tres Cantos.
Sanchez said, “Spain welcomes you and appreciates your commitment to the growth of an industry as vital and important for the Spanish economic as the audiovisual sector.”
Netflix came to our country 10 years ago and I believe it changed more than just the way people watched movies or series. “But I believe it changed something far more profound, like the way the world viewed us,” Sanchez added.
He also referred to ‘thousands of professionals writing stories in Spanish that have conquered screens across the world.”
Ted Sarandos stated: “We have filmed more than 200 towns and cities in Spain and there are many wonderful places left to discover.”
Netflix has created over 20,000 jobs for the Spanish audiovisual industries, according to him.
“The last ten years have been extraordinary and we look forward to the next ten years… and more,” he said.
Netflix vice-president for content in Spain and Portugal, Diego Avalos, referred to a ‘benchmark in inspiration’ for tv series like ‘Money Heist’, ‘Cable Girls’, ‘Elite’ or ‘Berlin’.
He also referred to films like ‘Society of the Snow’, ‘Through My Window’ and ‘The Hole.
“The ‘Made in Spain’ content is among the most popular series along with Korean and Japanese ones,” Avalos proclaimed.
