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In a much-anticipated move, giant streaming service Netflix has confirmed the launch of a Mexico City office this year. Netflix chief content officer Ted Sarandos was in Mexico City at a Netflix forum to also announce that the company had more than 50 projects in different stages of production in Mexico, some original content, others co-productions.

“The richness of talent in front of and behind the camera in Mexico was key in our decision to begin our local production strategy with ‘Club de Cuervos’ four years ago,” Sarandos said. “Since then, we have continued to expand our local investment and continue providing a platform for Mexican talent to be recognized around the world,” he added.

Four local films in the pipeline are destined for Netflix’s slate over the next two years. These include “Como Caído del Cielo,” a musical comedy inspired by the songs of Mexican legend Pedro Infante, starring...