Netflix’s India Investments invested more than USD 2 billion after economic influence: co-CEO Ted Sarandos

Mumbai (Maharashtra) [India]May 3 (ANI): Ted-CEO, co-CEO of Netflix, said on Saturday that the company’s investment in India has produced more than US $ 2 billion under economic influence, Post-COVD-19 epidemic.

“Our investment in India has produced more than 2 billion US dollars in post-covid. It has created all jobs, developed skills, and has supported the infrastructure. We have shot in 100+ cities and cities in 23 states in India, and have collaborated with more than 25,000 local artists and crews with an actor Saif Eli Khan.

Asked about the future of storytelling, the American subscription video streaming company co-CEO said, “It is very difficult to predict where the storytelling is. But what remains stable is intended to connect with the audience.”

“New India: Culture, connectivity and creative capital” conversation on the streaming theme detected India’s developed landscape in the digital age, the impact of streaming on creative freedom and India’s growing presence on the global entertainment map, as added to the Ministry of Information and Broadcasting.

Saif Ali Khan emphasized the transforming power of streaming platforms, reflecting his cooperation with Netflix at the popular series Sacred Games. “Earlier, we had to conform to harsh formats. Streaming has freed actors and filmmakers from the obstacles. Now, people around the world can see our stories, which they must have missed in traditional cinema,” he said.

In detail the democratization of filmmaking in India, he said, “Viewers can ever reach various stories, and the creators have more freedom to tell them. It is a continuous cycle to see and make it.”

Addressing the co -existence of cinema and streaming, Sarandos confirmed that the dramatic release still holds the price. “Theaters are not old in theaters. Streaming and theater are not contestants. They can move each other because the market is very big in front of us.”

Saif resonated Bhavna, stating that the most meaningful projects for him lie in Indian culture. “If someone asks me about my films abroad, I talk about Omkara or Parineeta – films are deeply associated with our culture. The world is incredibly thrilling about telling the world to tell his stories,” he said.

Both Sarandos and Saif praised the waves as a platform that enhances creative coordination between global and Indian storytellers. Sarandos praised the initiative, saying, “If the thoughts presented here work, they will succeed beyond imagination. The waves are a great platform for that speed.”

The Ministry’s statement said that the Vaves summit continues to bring visionary and industry experts from all over the world to shape the future of the entertainment industry. (AI)

This report has been auto-generated from Ani News Service. ThePrint does not have any responsibility for its content.