Netflix boosts French content; new Paris bureau
September 28, 2018
Netflix, the online streaming giant, is continuing its investment in French content and has announced three new French series and the acquisition of four new French films and documentaries.
All titles will be available in over 190 countries where Netflix is available.
Erik Barmack, Vice President of International Originals at Netflix says “We are delighted to announce today three new French series – a witty comedy about friends, family and weed; a psychological horror series; and a modern, coming of age vampire tale in Paris – for our French and global audience to enjoy. Each project involves such talented French storytellers and producers that we are thrilled to be working on what promises to be very exciting times to come”.
Additionally Netflix has confirmed it is opening a Paris bureau. Netflix CEO Reed Hastings, who is currently in Paris, made the announcement and also confirmed that following discussions with France’s national film body, the CNC, the company will start to pay 2 per cent tax on its annual revenues in France.
Netflix previously had an office in Paris but closed it down in 2016 amid speculation that the compnay wanted to seek more desirable tax arrangements in other parts of Europe.