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Netflix to invest USD 420 mln in India content production, licensing

Monday 9 December 2019 | 09:11 CET | News
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Netflix plans to spend INR 30 billion (approximately USD 420.5 million) on producing and licensing content in India in 2019 and 2020, TechCrunch reports, citing Netflix CEO Reed Hastings. Netflix went live in India in early 2016, and has so far produced more than 24 original shows and movies in the country.

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Categories: Broadcast & Satellite
Companies: Netflix
Countries: India
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