Netflix has announced a R900 million investment into the South African film industry.
Global entertainment streaming service Netflix has pledged over R900 million at the 4th Annual South African Investment Conference as a contribution to the South African creative industry.
Netflix said it has invested over R2 billion in South African productions over the last five years, resulting in 1,900 jobs being created in the process. In December 2020, more than 80 South African films and television series were available on Netflix. One of the major titles that are being produced with Film Afrika in partnership with Project Panda is the international title of One Piece, a live-action series adaptation of a world-renowned manga and anime.
“Local productions put the focus on South African stories, and also serve to showcase the country’s rich social and cultural heritage as well as other tourism assets to a global audience,” said Netflix.
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