"Dali masks, red jumpsuits, Bella Ciao – all of them have become instantly recognizable parts of the global culture," co-CEO Ted Sarandos said during a visit to the streamer's Madrid production hub.

Netflix announced on Tuesday that it will invest over €1 billion ($1.14 billion) into Spain’s audiovisual sector between 2025 and 2028, marking a decade since its first launch in the country. Pedro Sánchez,

Netflix is set to invest over 1 billion euros ($1.14 billion) to produce content in Spain over the next four years, the streaming giant's co-CEO, Ted Sarandos, told an event in Madrid on Tuesday.