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Netflix to invest $1 billion in Mexico over next 4 years

The streaming giant's commitment to producing content in Mexico is expected to create a significant economic impact, not only through job creation but also by promoting tourism and showcasing the country's cultural diversity. By partnering with local producers and studios, Netflix aims to promote Mexican talent and provide opportunities for emerging artists. The investment will also support the development of film infrastructure and production facilities.

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Despite increasing competition, Netflix continues to cement its place as one of the best streaming services, starting 2025 with a bang by bringing a whole host of titles that Rotten Tomatoes has dubbed near perfect, awarding a 100% score. From true crime docs to classic animation, it's a broad range of offerings that cater to diverse tastes and preferences. The company's latest efforts demonstrate its commitment to providing high-quality content that resonates with audiences worldwide.

Netflix (NFLX) shares have dropped 5% following CFO Spence Neumann's remarks indicating that the company will not pursue extensive sports streaming in the near future. Neumann emphasized a focus on significant events rather than full sports seasons, which has raised concerns among investors regarding the platform's growth trajectory. Despite this, he noted that Netflix expects to achieve healthy revenue growth, especially from its burgeoning ad business.

As the streaming giant refreshes its library, subscribers can look forward to a slate of critically acclaimed titles that will appeal to fans of sci-fi, classics, and action thrillers. A definitive edition of a legendary sci-fi film, a Spike Lee classic, and a modern thriller that launched the career of one of Hollywood's biggest directors are just a few of the exciting additions. With over 90% on Rotten Tomatoes, these movies promise to deliver engaging stories and impressive performances.

Foxconn's ambitious mega-AI server plant in Guadalajara, Mexico, is set to be completed within a year, despite looming tariffs proposed by former President Trump. With a planned investment of approximately $900 million, this facility will become the world's largest assembly plant for Nvidia's GB200 AI chips, signaling a robust commitment to expanding server-related operations in Mexico amidst ongoing U.S.-China trade tensions. Local government officials have expressed strong support for the project, emphasizing that investment in Jalisco's semiconductor industry continues to thrive, countering potential tariff impacts.

Three thriller movies are coming to Netflix in March, with Cell 211 and Sicario both boasting high Rotten Tomatoes scores. These gripping films will keep viewers on the edge of their seats as they navigate complex plots and intense action sequences.

Prime Video is now experimenting with AI-assisted dubbing for select licensed movies and TV shows, as announced by the Amazon-owned streaming service. According to Prime Video, this new test will feature AI-assisted dubbing services in English and Latin American Spanish, combining AI with human localization professionals to β€œensure quality control,” the company explained. Initially, it’ll be available for 12 titles that previously lacked dubbing support.

Constellation Brands, the maker of Corona and Modelo beers, faces significant financial challenges due to fresh tariffs on Mexico imposed by President Donald Trump. The 25% tariff on imports from Canada and Mexico will likely lead to price hikes and increased production costs for the company's beer business. This could result in a decline in sales and profitability, particularly if distributors are unable to absorb the incremental costs.

Mexican state oil company Pemex is actively pursuing new buyers in Asia and Europe in response to the 25% tariffs imposed by U.S. President Donald Trump on Mexican crude oil imports. With exports to the U.S. plummeting to the lowest levels in decades, Pemex is exploring alternative markets, particularly in China, India, and South Korea, where there is a growing appetite for heavy crude. Despite potential challenges such as higher shipping costs, Pemex remains firm on maintaining current pricing strategies without discounts to retain U.S. clients.

A 100-pixel video can teach us about storytelling around the world by highlighting the creative ways in which small-screen content is being repurposed and reimagined. CAMP's experimental videos, using surveillance tools and TV networks as community-driven devices, demonstrate the potential for short-form storytelling to transcend cultural boundaries. By leveraging public archives and crowdsourced footage, these artists are able to explore and document aspects of global life that might otherwise remain invisible.

Reservoir Media, a music publisher, record label, and management company, has been at the forefront of these investments, with a deal recently worth $100 million for hip-hop and electronic label Tommy Boy. The company's approach to licensing and managing intellectual property (IP) has allowed it to profit from songs being played on streaming platforms, with its market cap standing at around $510 million. As music lovers continue to support their favorite artists through streaming services, the value of music catalogs is becoming increasingly apparent.

Mexican state oil company Pemex is actively engaging with potential buyers in Asia and Europe as it seeks to redirect its crude oil exports following the imposition of 25% tariffs by the U.S. government. Historically reliant on U.S. markets, Pemex's exports have faced a significant slump, with a 44% year-on-year decline in January, prompting a strategic pivot toward non-U.S. markets like China and India. Despite the higher shipping costs and challenges posed by the aging domestic refining infrastructure, there is optimism about the appetite for Mexican crude in these new markets.

Mexico's government may look for other trade partners if necessary, said President Claudia Sheinbaum on Wednesday after the United States slapped tariffs on its southern neighbor. The president's statement suggests that Mexico is prepared to take a hardline stance against U.S. tariffs, which could lead to significant changes in the country's trade relationships. If the tariffs continue, Mexico plans to retaliate with tariffs of its own, potentially affecting not only the auto sector but also other industries.

Amazon Prime Video is set to introduce AI-aided dubbing in English and Spanish on its licensed content, starting with 12 titles, to boost viewership and expand reach globally. The feature will be available only on new releases without existing dubbing support, a move aimed at improving customer experience through enhanced accessibility. As media companies increasingly integrate AI into their offerings, the use of such technology raises questions about content ownership and control.

India is poised for significant growth in its cloud services market, with Amazon Web Services (AWS) investing heavily to support this expansion. The investment will enable AWS to deploy advanced technologies and create new job opportunities in Maharashtra's western region. As the country aims to promote local cloud data storage, major players like Amazon are expected to play a key role.

As 25% tariffs on imports from Mexico and Canada are set to take effect on Tuesday, Hispanic-owned businesses and companies that depend on cross-border trade are already passing higher prices onto consumers and preparing to sharply reduce imports.The prospect of a North American trade war has already thrown the global economy into turmoil, with consumer confidence tumbling, inflation worsening and the auto sector and other domestic manufacturers bracing for a downturn.Trump dismissed concerns that tariffs are largely paid for by consumers through higher prices, saying: β€œIt’s a myth.”.

Game publishers could completely stop making physical game discs owing to the 25% tariff on Mexico. Analysts warn that pricing for even the digital versions could increase, along with prices for hardw. The tariffs that came into effect on March 4 are targeted towards Canada, Mexico, and China, with Mexico seemingly being the major producer of these game discs.

The imposition of tariffs on Mexico by the US government threatens the free-trade system that the three countries have maintained for more than 30 years, sparking concerns among industry experts. The tariffs could disrupt supply chains and lead to price increases, ultimately affecting American consumers. Manufacturers in Mexico are also worried about their ability to adapt to the new trade regulations.

YouTube is preparing a significant redesign of its TV app, aiming to make it more like Netflix by displaying paid content from various streaming services on the homepage. The new design, expected to launch in the next few months, will reportedly give users a more streamlined experience for discovering and accessing third-party content. By incorporating paid subscriptions directly into the app's homepage, YouTube aims to improve user engagement and increase revenue through advertising.

The Electric State directors Joe and Anthony Russo explain why they opted not to use animatronic robots in their forthcoming Netflix movie, citing cost as a significant factor. The film instead employed visual effects (VFX) and motion capture (mocap) performance work to bring the robot ensemble to life. This approach allowed the filmmakers to achieve a strong human texture within the robots without breaking the bank.

Amazon's cloud services provider, Amazon Web Services, will invest about $8.2 billion in India's western state of Maharashtra over the next few years, the information technology ministry said on Monday. India has been stepping up its efforts to pilot local cloud data storage, and this investment is a significant step towards realizing that goal. The move also underscores Amazon's growing focus on the Indian market, where it plans to ramp up its e-commerce business.

U.S. President Donald Trump's announcement has lifted the threat of trade tensions between Mexico and the U.S. for now, as a temporary reprieve from tariffs allows for negotiations with Mexican officials. The agreement, which had been set to take effect last month, will give both countries more time to finalize their positions on key issues such as energy subsidies and intellectual property protection. By delaying the imposition of tariffs, Trump hopes to increase Mexico's willingness to make concessions.

Several Netflix shows, despite their initial promise, have failed to maintain viewer interest, leading to many abandoning them midway. "Riverdale," once a captivating teenage drama, devolved into absurd plot lines that alienated its audience, while "The Night Agent" suffered from a disappointing second season that lacked the excitement of its predecessor. "Elite" also struggled to retain viewers after significant cast changes left fans disconnected from the storylines, highlighting the difficulty of sustaining narrative engagement over multiple seasons.

Netflix's monthly changeover is now underway, bringing some beloved titles back to the streaming services. However, for those who missed out on them earlier, there's still time to catch these movies before they disappear for good. Unfortunately, this month's clean-out means that some of Netflix's best films will be leaving the platform soon, including Inception and Mad Max: Fury Road. While the company is adding plenty of new content to replace them, it won't be enough to fill the void left by these classics.

Mexico's peso has experienced a significant decline, falling for the fourth consecutive session and reaching a value of 21 per dollar for the first time in a month, following the imposition of 25% tariffs on imports from Mexico by the United States. This decline has also negatively impacted Mexico's stock market, with the benchmark index dropping to its lowest point in five weeks, despite a year-to-date increase of over 3%. Analysts suggest that while the immediate effects of the tariffs have been pronounced, there remains a degree of optimism that they will be temporary, which could mitigate longer-term economic repercussions.

TSMC plans to invest $165 billion in the United States, including $100 billion for three new chip manufacturing plants and two packaging facilities, alongside its existing investment of $65 billion. The company's expansion aims to increase production capacity and create thousands of high-paying jobs, with President Donald Trump calling it a "tremendous move" for economic security. This significant investment reflects the growing importance of semiconductors in modern industries, including AI, automobiles, and advanced manufacturing.