Netflix has spent over $135 billion on movies and TV series in the past decade.

Netflix

Netflix

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- Netflix said on Tuesday it has invested more than $135 billion in television series and films over the past decade, underscoring the streaming giant's dominance and the continued growth of the on-demand entertainment sector.

The company added that during the same period it contributed more than $325 billion to the global economy and provided more than 425,000 jobs in production.

Netflix, based in Los Gatos, California, is one of the world's largest live video streaming platforms, with more than 325 million subscribers by the end of 2025. The company was one of the pioneers in home video entertainment and the production of original content that has left a wide mark on popular culture.

"Today we are launching The Netflix Impact, a comprehensive review of the economic, cultural, and social impact of our films and series, and how that impact extends across economies, industries, and everyday life, day after day and week after week," said Ted Sarandos, the company's co-CEO.

The company said it has obtained licenses for films and series from more than 3,000 companies, including public broadcasting stations.

She added that non-English language content now accounts for more than a third of total viewership, compared to less than a tenth a decade ago. Non-American films and series such as Money Heist, Squid Game, and K-Pop Demon Hunters have attracted large international audiences.

Last month, the company's chairman and co-founder, Reed Hastings, decided to leave the company at a time when the company is looking for new avenues for growth such as games and live entertainment amid slowing sales.