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Netflix shows confidence in streaming war, unveils must-watch original series

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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Netflix shows confidence in streaming war, unveils must-watch original series

Netflix shows confidence in streaming war, unveils must-watch original series
koreatimes.co.kr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreatimes.co.kr Daily Mail and Mail on Sunday newspapers.

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Netflix to invest $500 million in Korean content; unveils new K-dramas, movies this year

Published February 25, 2021, 5:57 PM
(Clockwise from top left) ‘The Silent Sea,’ ‘Hellbound,’ ‘D.P.,’ ‘Love Alarm 2,’ ‘So Not Worth It,’ ‘Kingdom: Ashin of the North’ and ‘Kim Minyoung’ (Netflix)
Video streaming giant Netflix is aggressively expanding its presence in Korea as it unveiled its plans to produce more K-dramas and movies this year.
Netflix held its “See What’s Next Korea 2021” presentation on YouTube on Feb. 25 wherein it revealed its roadmap to bring more Korean content to its global audience.
Kim Minyoung, Netflix’s vice president for Korea, Southeast Asia, Australia and New Zealand, said so far, Netflix has invested more than 770 billion won (about $694 million) in Korean content. Of the 200 Netflix Original content, 80 are Korean.

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