Netflix — Jul 17, 2025 release

In Q2, Spanish series and films such as The Gardener (34M views), Bad Influence * (46M views) and A Widow’s Game * (43M views) were hits with Spanish-speaking audiences and also found fans internationally. Building on this momentum, in June we announced an investment of over one billion Euros in Spain 13 between 2025-2028 to further expand our Spanish programming slate. As we saw with Squid Game from South Korea, every so often a show becomes a true global phenomenon—captivating audiences not just in its home country, but around the world. Squid Game was created first and foremost for Korean viewers, but its authentic storytelling and universal themes resonated far beyond Korea’s borders. As we grow globally, our most significant investment remains in the US 14 , which accounts for the majority of our content spend, workforce and production infrastructure. From 2020-2024, we estimate that we contributed $125 billion to the US economy. Our expansion in Albuquerque, NM—adding four new soundstages to a 108-acre site—and our plan to invest roughly $1B to develop a state-of-the-art production facility (including 12 new soundstages) in Fort Monmouth, NJ, underscore our ongoing commitment to production in the US. We recently announced a partnership 15 with leading local broadcaster TF1 in France which will allow us to offer TF1’s linear channels and on-demand content to our French members as part of their Netflix subscription without having to leave our service. The wide vari