Netflix chooses Madrid for first European production hub


The Netflix world headquarters building in Los Gatos, Calif., in March 2014. (Dreamstime/TNS)

Netflix is expanding its European footprint and has chosen Madrid as the location of its first production hub on the continent. 

The streaming entertainment giant said Tuesday the new operation will be at Ciudad de la Tele, a new 72,000-square-foot campus in Tres Cantos, in northern Madrid. 

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