Netflix chosen Madrid as the location of its first production hub in Europe region. Company said that there operations will be at Ciudad de la Tele in Nothern Madrid.
Netflix will occupy three sound stages starting in September and started a partnership with audiovisual production services company, Grupo Secuoya. .
This new hub will serve as a central hub for its growing slate of Spanish-language original content in the coming years.
According to Netflix’s vice-president of international originals, Erik Barmack,
“Spain has a rich heritage of innovative, immersive content creation, and we are excited to strengthen our investment in the cultural heartland of Madrid”“The establishment of our first European production hub will create new opportunities for Spain’s incredible creative talent, as well as demonstrating our commitment to the production of original content throughout Europe.”
Netflix reported that they reached 130.1 million subscribers globally. Most of Netflix’s subscriber growth is coming from international territories.