Netflix’s huge US$500 million bet on Korean content in 2021, and what it means for viewers and the country’s other content producers

Netflix’s huge US$500 million bet on Korean content in 2021, and what it means for viewers and the country’s other content producers

South China Morning Post - Culture·2021-02-26 07:08

In the five years since Netflix started backing Korean films and Korean dramas, it has spent US$700 million. This year alone it will spend US$500 million

That investment covers star-studded series in a variety of genres, and its first original Korean films. Local producers will struggle to compete with that

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