NEWS
Netflix Set To Invest $2.5 billion On South Korea TV Series In Four Years
Netflix has disclosed its plans to invest a whopping $2.5 billion into producing new content in South Korea over the next four years.
According to Netflix, the company’s investment will go towards developing and producing more Korean TV series, movies, and variety shows.
Their decision is also expected to create numerous job opportunities for local talent, including actors, writers, and producers.
South Korea has been a significant contributor to the global entertainment industry in recent years, with its dramas and movies gaining immense popularity worldwide. The country has also been home to some of Netflix’s most successful shows, such as “Kingdom,” “Sweet Home,” and “Squid Game.”
Netflix’s investment into South Korean content is expected to fuel the growth of the country’s entertainment industry even further, enabling more Korean creators to showcase their talents to the world.
The company’s commitment to investing in the region underscores its recognition of the immense potential of South Korea’s entertainment industry. It also shows Netflix’s determination to remain at the forefront of the streaming industry’s global expansion, while providing viewers with a diverse range of quality content.