Sunday, November 15, 2026
No Result
View All Result
Budapest Reporter
  • production
  • interviews
  • reviews
  • industry
  • Find Your Partner
  • CHINA Edition
  • Hungarian Edition
  • production
  • interviews
  • reviews
  • industry
  • Find Your Partner
  • CHINA Edition
  • Hungarian Edition
No Result
View All Result
Budapest Reporter
No Result
View All Result
Home financing

Netflix spends 17 billion on content in 2021

Budapest ReporterbyBudapest Reporter
2021-04-22
in financing, industry
Reading Time: 3 mins read
Netflix spends 17 billion on content in 2021

Netflix spends 17 billion on content in 2021

112
VIEWS
FB ShareShare on XShare on LnSend in Email

Netflix revealed that it will spend over $17 billion on content this year, which is over 4 billion more than it was last year.

“As we’ve noted previously, the production delays from Covid-19 in 2020 will lead to a 2021 slate that is more heavily second half weighted with a large number of returning franchises,” told the company in its letter to shareholders.

When it comes to locations, Netflix is giving the thumbs up to Hungary. The country has paid host to a number of stunning streamers on the premium subscription service, resulting in it being one of the most frequently used real world locations for the media giant in recent years.

Directed by the legendary Michael Bay, “Six Underground” was shot in Budapest during the Summer of 2018.

If Orcs and Elves are more your bag, cult fantasy series “The Witcher” starring Henry Cavill, and headed by showrunner Lauren Schmidt Hissrich, has made great use of fantastically gorgeous locations in Hungary such as Vajdahunyad Castle, Budapest, and the spectacular Tata Castle, which both added a sense of ancient spectacle to this high budget show.

Science Fiction is no stranger (thing) to Netflix, and when it comes to decimating an entire city on a big budget, Budapest delivers as a more than adequate location for this feat in “Spectral”.

The last feature film produced in Budapest by Netflix was Anthony Mackie’s new movie “Outside the Wire“, which debuted worldwide on Netflix on January 15th, 2021. This new action flick, is directed by Mikael Håfström (“Escape Plan”). The majority of scenes were actually filmed in Hungary with a large chunk of the movie utilising Budapest as the centre.

“And while the roll out of vaccines is very uneven across the world, we are back up and producing safely in every major market, with the exception of Brazil and India. Assuming this continues, we’ll spend over $17 billion in cash on content this year and we’ll continue to deliver an amazing range of titles for our members with more originals this year than last” – Netflix letter to shareholders told.

Despite what felt like unending uncertainty, production permits slowly began to be reissued between March and June before the eventual reopening of production in August. But what awaited Hollywood production teams was a challenge far more complex than cancellation — keeping cast and crew safe from the heavily contagious Coronavirus.

Judit Romwalter, producer, CEO of the Sparks said that they continue the work as before. They already have a strict COVID protocol in the company, as they use FFP2 masks everywhere, hand sanitizers and keep the 1,5-meter distance from each other. They also ask the colleagues to stay at home if their position allows it. “In our rental part we take the disinfecting even more serious.” – she said.

Netflix’s fantasy drama series, “Shadow and Bone,” based on author Leigh Bardugo’s trilogy of the same name and “Six of Crows” duology, which will premiere on April 23, was shot just before the COVID outbrake in 2020 in Budapest at ORIGO Studios.

“At the time, the pandemic started rising, “Shadow&Bone“ was just finished, so they could wrap in time and leave by schedule.” – was told us by Origo Studios.

It seems Netflix is back to running smoothly again after the impacts of COVID-19, and subscribers can only hope it continues as they expect more exciting originals, sequels, and new releases than ever before.

Source: Variety

Just what interests you, right when you have time to read… let Google know that news from Budapest Reporter matters to you.

Tags: BudapestbudgetcovidHenry CavillLauren Schmidt HissrichMichael BayNetflixoriginalsShadow and BoneshareholdersSix UndergroundThe Witcher

More like this

industry

Lionsgate Takes U.S. and U.K. Rights to Rise of the Raven

2026-11-10
Promotional artwork for EXCEPTIONS, Atlas i3 Part II, with two character portraits, a glowing central structure and festival laurels
hungarian filmmakers

Hungarian AI Films ATLAS i3 and EXCEPTIONS Earn International Festival Recognition

2026-11-04
Prime Minister Péter Magyar and Finance Minister András Kármán at lecterns during the budget press conference, with journalists in the foreground
financing

Hungary’s 2027 Budget Backs Film Rebate as International Production Regains Momentum

2026-10-31
Dune: Part Two, Hungary, Film Industry, VFX, Sound Design, Academy Awards
financing

Hungary Keeps HUF 63 Billion Behind Film Rebate as It Courts Hollywood’s Next Wave

2026-10-27
CNN Chief International Anchor Christiane Amanpour to Depart Network
industry

CNN Chief International Anchor Christiane Amanpour to Depart Network

2026-10-20
Two Hungary-Linked Features Selected for Tallinn’s Script Pool
industry

Two Hungary-Linked Features Selected for Tallinn’s Script Pool

2026-10-16
Load More

Latest news

An armored performer and extras in red tunics on the steps of Budapest’s Stock Exchange Palace.
production

Ottoman Soldiers Spotted on Netflix’s 3 Body Problem Set in Budapest

2026-11-13
Night filming on the Budapest set of The Glass House, with a period car and crew.
interview

Swiss-Hungarian Co-Production The Glass House Wraps Budapest Shoot

2026-11-06
A scene from Alkebulan featuring an illuminated mechanical structure
production

First Moroccan-Hungarian Co-Production Alkebulan to Premiere in Marrakech

2026-11-05
Jonathan Frakes and Patrick Stewart in Starfleet costume discussing a scene on the outdoor set of Star Trek Insurrection
film

Make It So: Remembering Patrick Stewart, 1940–2026

2026-10-29
Peter Medak in a cap and white shirt checking a shot at an outdoor production monitor
hungarian filmmakers

Peter Medak Dies at 88: From Budapest to The Changeling and Breaking Bad

2026-10-29
Hungary-Shot Wicker Begins Its Cinema Run With a Handmade Leading Man
made in hungary

Hungary-Shot Wicker Begins Its Cinema Run With a Handmade Leading Man

2026-10-24
Budapest Reporter

© BPR Publishing

Navigate Site

  • Impressum
  • Advertisement
  • Business Directory
  • Privacy and Data Protection

Follow Us

No Result
View All Result
  • Home
  • Industry
  • Review
  • Production
  • Interview
  • Gossip
  • CHINA Edition
  • Hungarian Edition

© BPR Publishing