Exclusive: streaming giant ups budget by 50% as Disney also invests in production facilities at Pinewood Studios
Netflix will boost its spend on making TV shows in the UK to $1bn (£750m) this year as the streaming giant maintains the breakneck pace of its production pipeline despite the coronavirus pandemic.
Netflix, which makes shows such as The Crown and Sex Education in the UK, has increased its budget by 50% from the £500m it spent on British-made films and TV shows last year. Netflix UK had originally estimated a spend of about £400m last year, but ended up investing about £100m more.
