“Spanish heritage to the world”- Ted Sarandos Bets a Whopping $1B Spanish Originals, Here’s What to Expect

Published 06/10/2025, 9:50 AM EDT

The streaming age has exploded with competition, yet Netflix continues to reign supreme, unshaken in viewership and global dominance. Known for its relentless output of originals and aggressive bidding, the giant now sets its eyes on an even grander vision. With 301.6 million subscribers in 2024, Netflix's Chief has unveiled a bold 2025 blueprint—anchored in Spanish originals, the golden goose of global profits. Netflix is not merely streaming; it is soaring. And in 2025, the sky is not the limit, it is just the beginning for the streaming giant.

Netflix CEO Ted Sarandos just unveiled his massive bet on Spanish content. The streaming giant's future rides on it.

Ted Sarandos's vision: why Netflix is betting big on Spanish content

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At Netflix’s Tres Cantos hub in Madrid, co-CEO Ted Sarandos stood beside Spain’s President Pedro Sánchez and pledged a €1B investment in Spanish content by 2029. Praising Spain’s creative force behind global hits like Elite and Society of the Snow, Sarandos said iconic symbols like red jumpsuits and 'Bella Ciao' have become part of global culture. He hailed Spain’s dedication to the audiovisual arts, saying the streamer is investing to amplify Spanish storytelling, grow the economy, and “create opportunity and bring more of this beautiful, rich Spanish heritage to the world.”

Over the past decade, Netflix’s collaboration with Spanish storytellers has led to over five billion hours of viewing for Spanish titles. In 2019, Netflix launched its Tres Cantos production hub, expanding it in 2022 to include ten sound stages. Ted Sarandos called it a powerful symbol of the company’s strong, ongoing investment in the region’s creative industry. This revelation comes after Netflix's Chief Financial Officer unveiled his 2025 big plans for the streaming giant earlier this year.

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The world thought Netflix was done transforming entertainment, then 2025 arrived and Spencer Neumann promised a year of bolder stories, groundbreaking shows, and an investment confirming no boundaries.

Beyond binge-watching: Netflix's groundbreaking 2025 era

Netflix, a burgeoning entertainment titan, projected a colossal cash outlay of around $18 billion for content in 2025, marking an eleven per cent surge from the prior year's $16.2 billion. This financial commitment, revealed by Chief Financial Officer Spencer Neumann at the 2025 Morgan Stanley Tech, Media and Telecom Conference, underscored an ambitious vision, as per Variety. Neumann emphatically declared, “We’re not anywhere near a ceiling” regarding content expenditures, suggesting the streaming giant was merely at the genesis of its global entertainment dominion.

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Netflix's CFO, Spencer Neumann, described their content spending as a blend of "art and science," rooted in predictable revenue and margin goals. Despite a massive 700 million viewers, he emphasized they were "still small on every key measure" in the broader entertainment landscape, holding just 40% of connected TV households. Neumann highlighted immense growth potential, prioritizing expansion over mere maintenance. With top-paying subscribers across ten countries and increasing investment in Spanish content, Netflix in 2025 seems to aim higher than ever, a testament to its boundless ambition.

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What do you think about Ted Sarandos' plans for Netflix content? Let us know in the comments below.

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Yusra Miraj Khan

539 articles

Yusra is a budding content writer with a passion for storytelling and a knack for blending creative thinking with well-researched facts. She’s drawn to celebrity controversies, uncovering the truth behind them, and crafting articles that captivate readers. Known for her keen eye for detail and ability to communicate effectively, Yusra has a proven track record in debate and storytelling competitions.

Edited By: Itti Mahajan

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