Netflix to invest $1 billion in Mexican films and series

Mexican Secretary of Culture, Alejandra Frausto, recently commended Netflix for its significant contributions to the country’s economy and entertainment industry. She highlighted the positive impact that the streaming giant has had on Mexico through its investment in local productions and talent.

Frausto mentioned that Netflix’s presence in Mexico has not only created job opportunities for filmmakers, actors, and other industry professionals but has also helped showcase Mexican culture to a global audience. She emphasized the importance of supporting and promoting local talent on international platforms like Netflix.

In addition to Frausto’s comments, Mexican director and producer of Netflix’s popular series “Monarca,” Diego Gutierrez, expressed his gratitude for the platform’s support of Mexican content. He noted that Netflix provides a unique opportunity for Mexican storytellers to share their narratives with a diverse audience around the world.

Overall, Netflix’s involvement in Mexico has been widely praised for its positive impact on the country’s entertainment industry and economy. By investing in local talent and showcasing Mexican culture on a global scale, Netflix has helped elevate the country’s presence in the international entertainment market.