Netflix investing $500 million to make South Korean content

Netflix investing $500 million to make South Korean content
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The proposal to finance Korean contents
Netflix’s investment was said to include the filming of two movies and more content for 2021 alone. The company is investing this much as the Korean entertainment market has been booming since it debuted on the platform in 2015, Yonhap News Agency reported.
"Netflix has more than 200 million paid users across the world, including 2.8 million in South Korea," Kim Min Young, Netflix Korea’s vice president, said during a streamed event this week. "For 2021, we will invest $500 million into Korean content and help the entire world enjoy Korean shows."

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