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Netflix to invest over $1.14 billion in Spain until 2029

Published by Global Banking & Finance Review

Posted on June 10, 2025

1 min read

· Last updated: January 23, 2026

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Netflix to invest over $1.14 billion in Spain until 2029
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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

Netflix Plans to Invest Over €1 Billion in Spanish Content by 2029

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)

Key Takeaways

  • Netflix will invest over €1 billion in Spain by 2029.
  • The investment focuses on producing Spanish content.
  • Ted Sarandos, Netflix's co-CEO, announced the plan.
  • The investment spans the next four years.
  • This move aims to boost local content production.

Frequently Asked Questions

How much is Netflix investing in Spain?
Netflix is set to invest over 1 billion euros, equivalent to $1.14 billion, in content production in Spain over the next four years.
Who announced the investment?
The announcement was made by Netflix's co-CEO, Ted Sarandos, at an event in Madrid.
What is the timeframe for Netflix's investment in Spain?
The investment will take place over the next four years, extending until 2029.

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