Streaming giant Netflix (NFLX) is seeking growth in Mexico with a $1 billion investment. During Mexican President Claudia Sheinbaum’s press

The alleged founder of the Sinaloa drug cartel was ordered held without bail in New York after he was sent by Mexico to face US charges tied to the slaying of a US Drug Enforcement Administration agent that was dramatized in the “Narcos” series on Netflix.

Netflix said Thursday that it would spend $1 billion over four years producing films and series in Mexico, in a boost to the government's efforts to attract investment in the

Netflix made a big announcement that will benefit Mexico and its movie, production industry. And find out about a new project on Juan Gabriel.

Netflix is doubling down on its investment on Mexico, pledging $1 billion over the next four years. The move, which was unveiled during a Thursday press conference with co-CEO Ted Sarandos and Mexican President Claudia Sheinbaum,

In a landmark announcement that underscores Netflix’s continued close relationship with Mexico's audiovisual industry, Co-CEO Ted Sarandos revealed a $1 billion investment in the country over the next four years.

Netflix plans to spend $1 billion dollars to energize the production of new films and series out of Mexico according to The Hollywood Reporter. The investment is nowhere near the $2.5 billion Netflix committed to South Korean productions a few years ago.

Mexico's President Claudia Sheinbaum said Netflix's investments in the film industry should produce many jobs beyond immediate production needs.

Netflix (NFLX) plans to invest $1B to produce roughly 20 films and TV series in Mexico annually over the next four years, Reuters’ Sarah

The chief executive of streaming giant Netflix on Thursday announced a $1 billion investment to produce some 20 films and TV series in Mexico annually over the next four years.

Over the next four years, Netflix has pledged $1 billion to develop and produce films and series in Mexico, according to Ted Sarandos, Netflix co-executive director. The company’s investment was announced Thursday morning during Mexico President Claudia Sheinbaum’s daily news conference in Mexico City.

CEO Ted Sarandos made the announcement during a press conference alongside Mexican President Claudia Sheinbaum.