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Alfred Gray
@alfredgray · Feb 22

Netflix invests $1 billion in Mexican production

- Investment plan: Netflix $NFLX will invest $1 billion in Mexico over the next four years.

- Target: Produce 20 movies and series a year in Mexico.

-Statement by Ted Sarandos: The CEO of $NFLXinvestment at a press conference by President Claudia Sheinbaum.

- Economic Impact: The investment will support jobs in production and related industries such as hospitality, fashion and tourism.

- Significance for Mexico: Sheinbaum stressed that the investment will help make Mexico more visible in the world and promote economic development.

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CB

Great news. It shows that the company knows what it is doing and is still thriving.

BC

Netlifx really doesn't melt and keeps going. I only had $DIS stock in my portfolio before, unfortunately, but then I sold. If there is a major correction, I would like to buy $NFLX.

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