Netflix is planning to buy a British production company, according to chief content officer Ted Sarandos.
Sarandos told the Evening Standard that the company is looking to “physically” embed in the UK by acquiring a British production company, having grown Netflix’s London office from 15 to 100 staff.
This year, the company is producing or co-producing 50 British shows, including Cambridge Analytica docudrama The Great Hack and football drama The English Game with Julian Fellowes.
He added that he sees the company existing alongside the BBC, ITV and Channel 4: “It supports and strengthens their legacy: they can produce on a larger scale.
“Watching British programming has mostly been niche in the US. Now it’s mainstream, with co-productions like Bodyguard or After Life.”