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Netflix’s European expansion plans are gathering pace.
Just days after the streaming giant announced it would be opening a fully staffed Paris office, it has revealed its intentions to do the same in Madrid.
News of Netflix’s fourth European office (it also has a major hub in Amsterdam and a growing base in London) was discussed Monday by vp international originals Erik Barmack, who added that it would open in 2019, and some of the company’s existing Netherlands-based employees would be relocated to Spain.
Earlier this year, Netflix announced that Madrid — a growing base for its Spanish-language originals — would be the location of its first European production hub.
“With the recent commitment to a production hub in Spain, and our level of investment in local originals ramping up significantly, we have decided to open a Madrid office next year to complement the activities of the hub and support our increasing business in the region,” said Barmack, speaking at the premiere of Netflix’s latest Spanish original series, Elite, which launches globally Friday.
Netflix recently announced an overall deal with Alex Pina, the creator of the worldwide phenomenon La Casa de Papel (Money Heist), the most watched non-English language show on Netflix. It is also investing significantly in licensed and co-produced titles created by Spanish broadcasters and producers. This includes a recent agreement for first-option access to drama series from Atresmedia, with Farina and La Catedral del Mar among the upcoming titles launching on Netflix globally.
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