Korean drama series Mine skewers rich people behaving badly in a tale of the machinations that threaten to bring down a family business empire. Meanwhile, HBO’s skateboarding series Betty returns for a second season.
Posted : 2021-06-03 09:46
By Kwak Yeon-soo
K-dramas have a wider audience than ever thanks to the success of global streaming platforms and a rising demand for diversified content.
According to data from the Korea Communications Commission, Korea s over-the-top (OTT) market grew by 23 percent in 2020 from the previous year.
A boom in OTT services has led to a surge in binge-watching of TV productions, such as tvN s inter-Korean romance Crash Landing On You, JTBC s coming-of-age drama Itaewon Class and OCN s fantasy action series Uncanny Counter. They were ranked in Netflix s top 10 list, variably across Asia, North America and Europe.
According to a report from the Korean Information Society Development Institute, K-drama exports were worth $273.27 million in 2019, up 11 percent from $241.89 million a year earlier. In a nod to the international success of K-dramas, the foreign adaptation business is booming.