[아이뉴스24 윤지혜 기자] Netflix is investing about 550 billion won in Korean content this year.
Netflix Korea, Southeast Asia, Australia, and New Zealand content manager Kim Min-young said, “I will invest about 500 million dollars (about 550 billion won) in Korean content this year.” “We will create a back effect of shared growth across the industry.”
After entering Korea in 2016, Netflix has invested 700 million dollars (about 797 billion won) in Korean content. Considering that the annual average investment is 160 billion won, it is a major investment this year.
Netflix, which has introduced more than 80 original Korean contents over the past five years, is planning to release original contents such as’Kingdom: Ashinjeon’,’Hell’,’Squid Game’, and’Sea of Silence’ this year. In addition, Netflix also produces original Korean films such as’Carter’ and’Moral Sense’.
Netflix established’Netflix Entertainment Korea’ last year, dedicated to Korean content business and investment. This year, it signed a long-term lease contract with’YCDSMC Studio 139′ and’Samsung Studio’ located in Paju-si and Yeoncheon-gun, Gyeonggi-do, and secured a Korean content production base of about 4,800 pyeong.
Director Kim said, “The number of paid subscribers to Netflix worldwide is over 200 million, and 3.8 million households have paid subscriptions in Korea as of last year,” he said. “For everyone who subscribes to Netflix, there is a wealth of We will release Korean original works.”
Ted Sarandos, Netflix Co-CEO and Content Officer, said, “While Korea is leading the global entertainment industry, Netflix signed a lease agreement for a content studio in Korea and will continue to produce great content in Korea.” “The faith is firm.”
Reporter Yoon Ji-hye [email protected]