Netflix Invests $1 Billion To Strengthen Mexico’s Film Industry As Nollywood Funding Declines

Netflix announces a $1 billion investment to expand Mexico’s film and television industry over the next four years, signaling a shift in its global content strategy. This development follows the company’s decision to scale back on commissioning original productions from Nigeria’s Nollywood film sector. Netflix co-CEO Ted Sarandos shares the news during a press conference … Continue reading Netflix Invests $1 Billion To Strengthen Mexico’s Film Industry As Nollywood Funding Declines