Telecommunications & Media
Netflix says content investment contributed $325 billion to global economy
Netflix said on May 13 it invested more than $135 billion in content over the past decade and created more than $325 billion in added value for the global economy. Its “Netflix Effect” report said the company produced series and films in more than 4,500 cities and towns across about 50 countries, creating over 425,000 jobs. The report highlighted Korean titles and cited spending, tourism, consumer demand and language-learning impacts.
