Netflix Spain: €1 Billion Investment in New Shows
- Netflix, the streaming entertainment giant, announced plans Tuesday to invest more than €1 billion in Spanish productions over the next four years.
- Ted Sarandos, Netflix co-chief executive, revealed the investment at an event held at the company's studios near Madrid.
- The proclamation coincides with the 10-year anniversary of Netflix's presence in Spain.
Netflix is poised too inject over €1 billion into Spanish productions during the next four years, solidifying Spain’s status as a key audiovisual hub in Europe. This substantial investment, revealed by Netflix co-chief executive Ted Sarandos, aims to amplify the company’s contribution to the Spanish economy, generating more jobs, and bringing compelling stories to life. The announcement aligns with netflix celebrating its 10-year anniversary in Spain, which included the opening of its first production studios outside the U.S. in April 2019, a decision that has proven pivotal to the company’s global expansion.News directory 3 is watching this story very carefully. With over 20,000 jobs already supported through its Spanish operations, what captivating new series and films will this notable investment bring to screens? Discover what’s next …
Netflix to Invest Over €1 Billion in Spanish Productions
updated June 10, 2025
Netflix, the streaming entertainment giant, announced plans Tuesday to invest more than €1 billion in Spanish productions over the next four years. The move reinforces Spain’s growing importance as an audiovisual creation hub in Europe.
Ted Sarandos, Netflix co-chief executive, revealed the investment at an event held at the company’s studios near Madrid. Standing alongside Spanish Prime minister Pedro Sánchez, Sarandos stated, “With this investment, we will be able to contribute even more to the Spanish economy, create more Spanish jobs, tell more great stories made in Spain.”
The proclamation coincides with the 10-year anniversary of Netflix’s presence in Spain. In April 2019, the company established its first production studios outside the United States in spain, shortly after the global success of the Spanish crime series “Money Heist.”
The 22,000-square-meter facility has since become a central site for Netflix’s film and TV production within the European Union. Netflix estimates its activities in Spain support more than 20,000 jobs.
What’s next
The investment is expected to further solidify Spain’s position in the global entertainment industry, fostering additional job creation and economic growth in the region.