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Latest Entertainment News, Movies, Celebrity News & Updates | The HinduBusinessLine

Mumbai film festival to showcase 346 films from 46 countries; in tribute to David Attenborough, 2 of his movies will also be screened US Justice Department clears Paramount's acquisition of Warner Brothers At India’s supper clubs, the real menu item is community TN CM Vijay visits Mookambika Temple in Karnataka, offers prayers Score goals, save more: Supplyco launches FIFA World Cup-themed discounts Indian-American co-founder’s drone boat powers historic US rescue mission in Hormuz Blenders Pride's sensory dining push expands across multiple cities CCI investigates Mrs India Inc over restrictive beauty pageant contracts JioStar plans full shift to AI-generated shows after Mahabharat success Manipuri film ‘Boong’ emerges big winner at New York Indian Film Festival, takes home 3 awards Veteran playback singer Suman Kalyanpur passes away at 89 Eateries, theatres, airlines pad up for IPL final Karan Dayanidhi Maran launches micro-drama platform KadhaiShorts Why 40% of people are avoiding news, according to a psychologist President Murmu confers Padma awards on Dharmendra, N Rajam and others PM Modi and Swedish PM exchange Tagore-themed gifts during Sweden visit Netherlands returns 11th-century Chola copper plates to India in historic handover JioStar files legal action against Zee over Bollywood film broadcast rights From Hanle to Nubra, Ladakh prepares for cosmic showcase Kannada actor Dileep Raj dies at 47 after heart attack JD Vance memoir reveals how he fell deeply in love with Usha David Attenborough turns 100 amid global tributes and BBC celebrations Sentinels of Simari: One year after Sindoor, villagers try to reclaim narrative of normalcy Extinct bluebuck may return as scientists advance gene-editing project Direct rail service to Kashmir promises faster travel, economic boost 77 per cent of Indians confident about summer travel, shows Skyscanner Smarter Summer report The Hormuz digital chokepoint: How does Iran war threaten subsea cables? Legendary Indian photographer Raghu Rai passes away at 83 Cretaceous “Kraken” octopus discovered as apex predator of ancient seas Sachin Tendulkar turns 53, celebrates birthday with family and fans
Netflix spent $135 billion on films, TV shows in past 10 ...
By Bloomberg · 2026-05-12 · via Latest Entertainment News, Movies, Celebrity News & Updates | The HinduBusinessLine
FILE PHOTO: A drone view shows the Netflix logo on one of their buildings in the Hollywood neighborhood of Los Angeles, California, December 8, 2025

FILE PHOTO: A drone view shows the Netflix logo on one of their buildings in the Hollywood neighborhood of Los Angeles, California, December 8, 2025 | Photo Credit: Reuters

Netflix Inc. said it spent $135 billion over the past decade making films and TV shows in more than 50 countries.

The productions employed over 425,000 people, hundreds of thousands of extras and day laborers, as well as hundreds of vendors, everything from caterers to historical advisers. The stats were part of a new website called the Netflix Effect that the company is using to demonstrate how it boosts local economies.

The streaming TV pioneer has been on a bit of a charm offensive lately after receiving criticism from the Hollywood community over its attempt to buy Warner Bros. Discovery Inc. Netflix dropped out of the bidding in February and Warner Bros. is now being acquired by Paramount Skydance Corp.

Earlier this month, Netflix announced that it would give the new film Narnia: The Magician’s Nephew its longest ever run exclusively in theaters, nearly two months. The company has historically released films for limited periods in only a small number of theaters to qualify for awards. 

The company’s programming helps local economies in ways beyond direct employment. South Korea saw a 25% spike in airline bookings, according to Netflix, and the language tutorial service Duolingo posted 22% growth in Korean studies after last year’s premiere of the film KPop Demon Hunters. 

More stories like this are available on bloomberg.com

Published on May 12, 2026