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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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