Netflix has announced it will invest more than €1 billion ($1.14 billion) in Spain between 2025 and 2028. The announcement was made by co-CEO Ted Sarandos during a press conference in Spain celebrating Netflix's first 10 years in the country. Sarandos praised Spain's regulatory environment that encourages creativity and innovation and highlighted Netflix's successes in Spain, including series like "Money Heist." The investment in Spain is similar to that in France, despite a smaller subscriber base in Spain.

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