NETFLIX TO INVEST $1 BILLION IN MEXICAN FILM AND TV PRODUCTION
Netflix Investment: Netflix will spend $1 billion to make movies and TV shows in Mexico.
Timeframe: This will happen over the next four years.
CEO's Announcement: Netflix CEO Ted Sarandos shared this news in Mexico City.
Local Partnerships: Netflix wants to work with more Mexican producers.
Economic Impact: President Claudia Sheinbaum said this will create jobs.
Other Benefits: More work for hotels, costume designers, and tourism.
