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This is the May 4, 2021, edition of The Wide Shot, a weekly newsletter about everything happening in the business of entertainment. Sign up here to get it in your inbox.
Media executives often extol the importance of reaching Spanish-language audiences, and if a flurry of recent investments and deals is any indication, Latino and Hispanic viewers are becoming a key part of the streaming wars.
Netflix is spending $200 million to produce content in Mexico this year, an amount expected to increase in 2021, and has also invested significantly in Spain. Disney, which launched Disney+ in Latin America in November, has said it plans to make 70 original programs for the region. WarnerMedia will be investing heavily in Latin American markets with HBO Max.