Hot on the heels of announcing its operation expansion in Asia and leasing 16,000 sq metres of stage and supporting space in South Korea, Netflix unveiled its plans to continue heavily investing in Korean content for 2021 following a massive 3.8 million paid memberships in the country. Netflix vice president of content, Minyoung Kim highlighted that the streaming giant will spend nearly US$500 million on Korean films and series, reaffirming Netflix's continued commitment to South Korea's globally expanding entertainment industry.
The plans were announced during Netflix's "See What's Next Korea" event held in Seoul where a number of Netflix creative executives and Korean directors gathered to discuss and promote Netflix's current and future projects. The plans shouldn't come as a surprise though, given that Netflix has already produced over 80 original Korean show and films. Its first original, the period zombie drama,