Archive · 11 Jun 2025
Netflix's Greg Peters: UK Production is a Great Example for the U.S.
Netflix's boss, Greg Peters, is very happy with how things are going in the UK for making movies and TV shows.
Netflix has spent a lot of money there, over a billion pounds, because the UK has great talent, good places to film, and offers tax breaks.
Peters thinks the U.S. should take notes from the UK, as the U.S. does not have a federal program for this.
He also doesn't want the UK to tax streaming services.
He said he likes the shows made in the UK, especially 'Dept.
Q,' and hopes more people watch them.
Netflix co-CEO Greg Peters praised the UK production ecosystem during a Wall Street Journal CEO Council event.
Netflix has invested over 1 billion pounds in UK productions since 2020, resulting in over 100 titles and collaboration with over 50,000 cast and crew.
Peters highlighted the UK's infrastructure, talent, and production incentives as a model for the U.S.
The U.S. lacks a federal tax incentive for film production, but states like New Jersey and New Mexico are offering incentives.
Peters opposes a potential 5% tax on U.S. streamer revenue for UK production.
- Who
- Greg Peters, co-CEO of Netflix
- What
- Netflix co-CEO Greg Peters discussed the company's investment in UK production.
- When
- Recently, at the Wall Street Journal’s CEO Council in London.
- Where
- London, UK
- Why
- To discuss the success of UK production and its potential as a model for the U.S.
Netflix's Stance
N/A
Tax on Streamer Revenue
Netflix's Stance
Opposes a 5% tax on U.S. streamer revenue for UK production
N/A
N/A
- Investment in UK production since 2020
- Over 1 billion pounds
- Number of UK productions
- Over 100 titles
- Cast and crew involved in UK productions
- Over 50,000
- Netflix's stance on potential UK tax
- Against it