Netflix confirms $400 million investment in CanadaSeptember 29, 2017 - 14:38 AMT PanARMENIAN.Net - Netflix is going to be dropping some coin in the Great White North. Under an agreement with the government of Canada, Netflix has agreed to invest a minimum of $500 million Canadian (about $400 million U.S.) in original productions in the country over the next five years, Variety said. Netflix will establish a permanent, multipurpose film and TV production presence in Canada — the first time that the company has done so outside the U.S. With its spending commitment, Netflix will work with Canadian producers, production houses, broadcasters, and other partners to produce original Canadian content in both English and French. “Today’s announcement affirms there’s more to come as Netflix launches Netflix Canada, our permanent production presence in Canada,” Netflix chief content officer Ted Sarandos said in a statement. “We look forward to continuing our work with Canadian talent, producers, broadcasters, and other local partners to create Netflix originals in Canada for many years to come.” Of course, Netflix has already been doing biz in Canada. In announcing the pact, the Canadian government called out “Alias Grace,” a co-production of CBC, Netflix and Halfire Entertainment.” The adaption of Margaret Atwood’s novel, starring Anna Paquin and Sara Gadon, will air on CBC Television in Canada and will stream on Netflix globally. The six-hour miniseries, written and produced by Sarah Polley and directed by Mary Harron, is set to premiere Nov. 3 on the streaming service. Top stories The creative crew of the Public TV had chosen 13-year-old Malena as a participant of this year's contest. She called on others to also suspend their accounts over the companies’ failure to tackle hate speech. Penderecki was known for his film scores, including for William Friedkin’s “The Exorcist”, Stanley Kubrick’s “The Shining”. The festival made the news public on March 19, saying that “several options are considered in order to preserve its running” Partner news | Scholz hopes Armenia-Azerbaijan peace treaty will be signed this year German Chancellor Olaf Scholz hopes that a peace treaty between Armenia and Azerbaijan will be signed this year. Ucom equips four bus stops in Ijevan with free Wi-Fi Ucom now provides free Wi-Fi coverage in smart bus stops in four communities of Ijevan. Armenia, Russia discuss life extension of Metsamor nuclear plant Issues regarding the extension of life of the 2nd power unit of the Armenian Nuclear Power Plant were discussed in Yerevan. Armenians stage more campaigns against territorial concessions to Azerbaijan Protesters blocked more roads across Armenia on Friday, April 26 in continuing attempts to scuttle territorial concessions to Azerbaijan. |