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  • Investing.com - Netflix (NASDAQ:NFLX) is determined to dominate the TV and movie sector and it may have just landed a deal that will help it get there.

    The streaming service made a deal with Shepperton Studios to set up a permanent production space there, The Guardian reported.

    Shepperton Studios, which has created films like "Alien" and "Mary Poppins Returns," will make up about half of Netflix’s $13 billion annual production budget in the UK.

    The studio space will allow Netflix to continue to build out its own films and shows.

    The first production at Shepperton Studios will be "The Old Guard," starring Charlize Theron.

    Netflix was up 1.4% in midday trade on Wednesday.

     

    © Reuters.

     

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    Дата публикации: 03.07.2019