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Netflix's 'Wednesday' Receives Millions in Irish Tax Credits
ByAinvest
Monday, Aug 18, 2025 11:34 am ET1min read
Netflix's 'Wednesday' has received millions in Irish tax credits for its production in the country. The show, based on the Addams Family character, has been filming in Ireland since 2024, with locations including counties Wicklow, Dublin, and Offaly. The production spent €29.59 million in the six months to April 2024, employing 183 people. The show's success has also led to tourism promotions by Tourism Ireland using behind-the-scenes footage as marketing tools.
Netflix's popular show 'Wednesday', based on the Addams Family character, has received significant tax credits in Ireland for its production. The second season of the supernatural mystery comedy, which follows the teen years of Wednesday Addams, has been filmed in various locations across Ireland since 2024. The production has been a boon for the Irish economy, with the Irish Revenue Commissioners reporting that Metropolitan Films International Ltd, the co-production firm behind Season 2, received corporation tax credits of between €20 million and €60 million this year [1].The production spend by Metropolitan Films International Ltd in the six months to April 2024 totalled €29.59 million, employing 183 people. The show's success has also led to tourism promotions by Tourism Ireland, which is using behind-the-scenes footage from the show as marketing tools to promote the filming locations to tourists overseas [1].
The show's first part of Season 2 was released on August 6th and set the record for being an English language title ranked #1 in the most countries at 91 in its first week. The second part of Wednesday will be released on September 3rd, and the show remains one of the most popular on Netflix currently [1].
In addition to 'Wednesday', the Revenue figures also show that Wild Atlantic Pictures Ltd has received tax credits of between €5 million and €10 million for its Rainmaker TV series, and Metropolitan Films International received tax credits of €5 million to €10 million for its comedy thriller, 'How to get to Heaven from Belfast' [1].
Netflix, Inc. has seen increased institutional investor interest, with EverSource Wealth Advisors LLC, Halbert Hargrove Global Advisors LLC, and other firms raising their holdings in the company's stock. EverSource Wealth Advisors LLC, for instance, increased its holdings by 15% in the first quarter, acquiring an additional 665 shares [2].
References:
[1] https://www.irishtimes.com/business/2025/08/18/netflix-hit-wednesday-gets-millions-in-irish-tax-credits/
[2] https://www.marketbeat.com/instant-alerts/filing-eversource-wealth-advisors-llc-acquires-665-shares-of-netflix-inc-nasdaqnflx-2025-08-15/
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