- cross-posted to:
- movies@lemm.ee
- movies@lemmy.world
- cross-posted to:
- movies@lemm.ee
- movies@lemmy.world
Netflix‘s strategic investment in Welsh production hubs has generated more than £200 million ($265 million) for the U.K. economy since 2020, according to a report released Wednesday by the streaming giant and Creative Wales.
The economic windfall comes as the streamer gears to bow director Gareth Evans’ action thriller “Havoc,” starring Tom Hardy – now holding the distinction as the largest feature film ever shot entirely within Wales.
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The Welsh investment represents part of Netflix’s broader U.K. production strategy, with the nation becoming a key filming destination for the streamer’s high-profile content. Beyond “Havoc,” Wales has hosted production for tentpole series including “The Witcher,” creating substantial economic ripple effects throughout the region.
According to the report, Netflix productions have supported over 500 Welsh businesses across multiple sectors since 2020. For every £1 ($1.32) spent by the streamer in Wales, 58 pence (76 cents) flows to TV and film sectors, with the remainder benefiting industries including rental and leasing, creative arts, and food and hospitality. The financial impact extends beyond direct spending, with each £1 invested by Netflix generating an additional 80 pence ($1.06) across the Welsh supply chain.