Netflix Doubles U.K. Production Budget to $1 Billion, After ‘The Crown,’ ‘Sex Education’ Global Success
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variety.comNaman Ramachandran Streaming giant Netflix has doubled its U.K. production budget to $1 billion, following the global success of shows including “The Crown” and “Sex Education.”Netflix is spending this budget on producing more than 50 shows in the U.K., despite a fraught year that has seen production on “The Witcher” shut down twice due to the coronavirus pandemic.“The U.K.
is an incredibly important market to Netflix and we’re proud to be increasing our investment in the U.K.’s creative industries,” said a Netflix spokesperson. “‘The Crown,’ ‘Sex Education’ and ‘The Witcher’ are among the shows that have been made in the U.K.
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