1637 ET - Netflix is increasing its focus on international markets, where gaining market share and subscribers is critical to the streamer's goal of achieving a $1 trillion market capitalization and doubling its revenue by 2030. "While the majority of our content spend and production infrastructure investment is in the U.S., we now also spend billions of dollars per year making programming abroad," the company says. Netflix has spent years building out international offices in cities including Mexico City and Paris, where the company now makes local shows and films for the regions. Shares rise 4.3% after Netflix beats its forecast for core metrics. (connor.hart@wsj.com)
(END) Dow Jones Newswires
April 17, 2025 16:37 ET (20:37 GMT)
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