Friday, 26 Feb 2021 10:53 AM MYT
BY MELANIE CHALIL
Netflix revealed it has invested more than US$700 million to grow its Korean content. ― Picture courtesy of Netflix
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PETALING JAYA, Feb 26 ― Netflix subscribers in Malaysia only need to look at the streaming giant’s Top 10 bar to understand the popularity of Korean shows.
Much like the country’s diverse fabric, audiences here enjoy a variety of content instead of flocking to just one format or genre.
Netflix content vice president for Korea, Southeast Asia, Australia and New Zealand Minyoung Kim says the popular streaming platform was lucky that Korean content was part of that diversity.
Song Joong-ki s hit K-drama Vincenzo garners highest rating in 4th episode – Manila Bulletin
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“We recently signed the deal for studio space two in fact, which will allow us to continue making great content in Korea, as Korean content becomes the world’s entertainment trends,” Mr. Sarandos said. “We will continue to invest in collaborating with Korean storytellers across a wealth of genres and formats.”
Minyoung Kim, Netflix Vice-President of Content for Korea, Southeast Asia, Australia & New Zealand said that as of the end of 2020, Netflix had 3.8 million paid memberships in South Korea. Highlighting the company’s continued investment in the Korean creative community, Ms. Kim also announced that Netflix is investing nearly $500 million on Korean content in 2021.
Another comedy show with one of the famous hosts in the Korean entertainment, Lee Su Geun will be having his very own show, Lee Soo Geun: The Sense Coach, where he will have a creative and live engagement with the audience. This will be his first stand-up special after almost 25 years of being in the industry.
What series are you looking forward to watch? Tell us in the comments!
For more K-Drama, K-Movie, and celebrity news and updates, keep your tabs open here at Kdramastars.
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Netflix shows confidence in streaming war, unveils must-watch original series
Posted : 2021-02-26 09:04
Updated : 2021-02-27 12:44
Kim Min-young, vice president of content for Netflix in Korea, Southeast Asia, Australia and New Zealand, speaks at an online event See What s Next Korea 2021, Thursday. / Courtesy of Netflix
By Park Han-sol
The streaming giant Netflix is showing confidence about its prospects in the Korean entertainment market in 2021, despite fierce competition expected among over-the-top (OTT) service providers as several global payers, including Disney Plus, are gearing up to enter the market. The creation of diverse content means a wider selection for consumers to choose from. This is encouraging news for us since it will serve as an opportunity to grow together, Kim Min-young, vice president of content for Netflix in Korea, Southeast Asia, Australia and New Zealand, said in an online press conference, Thursday.
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