‘The Netflix Effect’: Streamer Claims It Has Contributed More Than $325 Billion to Global Economy in Last 10 Years, Launches Site Touting Impact

By Todd Spangler

Todd Spangler

NY Digital Editor

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• ‘The Netflix Effect’: Streamer Claims It Has Contributed More Than $325 Billion to Global Economy in Last 10 Years, Launches Site Touting Impact 1 hour ago
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What’s good for Netflix is… good for the world?

In January 2016, the streaming giant expanded its service to an additional 130 countries and territories, reaching more than 190 overnight. Now it’s touting the economic impact and cultural influence the company claims to have generated in the 10 years since then.

According to Netflix, over the last decade, it has invested more than $135 billion in films and series — which have contributed a total of more than $325 billion to the global economy. Those productions created more than 425,000 jobs plus over 700,000 additional extras and day workers, the company claims.

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