VIDEO : Netflix To Double Down In France

PARIS (Reuters) - Streaming service Netflix Inc. (NFLX.O) plans to double its investments in France and produce 14 local shows, twice as many as previously planned, Chief Executive Reed Hastings said Friday. Hastings did not disclose how much Netflix would invest in France, though it would be ?many millions of euros?, he told French radio station BFM Business. The U.S. tech company plans on setting up an office in Paris, the CEO told French business newspaper Les Echos in a separate report.