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Courtesy of Netflix Netflix s new production bases in Korea will include six stages spanning 9,000 square meters at YCDSMC Reflecting the global power and popularity of the country s cultural output, Netflix has spent approximately $700 million on Korean movies and TV series in just the past five years. Netflix is doubling down on South Korean content, a reflection of the East Asian nation s cultural influence globally. The streamer said Thursday that it has signed leases on two production facilities outside of Seoul so that it can feed the demand of subscribers around the world who are eager to watch more original Korean series and films. ....
Netflix Expands Presence in South Korea With Two New Production Facilities Estimated reading time: 1 minutes Since 2015, Netflix has spent $700 million on bringing the best of South Korean entertainment to its subscribers. Netflix has amassed an incredible library, with a variety of movies and tv series that everyone can enjoy, making it the global home for South Korean content. With the addition of the two new production facilities in South Korea, Netflix plans to further bolster its output of Originals from the country. In total, Netflix is leasing nine stages, six from YMDSC – Studio 139, and three from Samsung Studio. With roughly 16,000 square meters to play with, we can expect to see even more incredible productions. ....
TVASIA Netflix Sets Up Two New Production Facilities in Korea The content you are trying to access is only available to members. About Kristin Brzoznowski Close and Continue Sign Up Now for Daily News Updates World Screen Newsflash is the leading source of daily news for the international media industry, covering all segments of the business, including new show announcements, sales deals, co-productions, research reports and personnel appointments. Name World Screen Weekly About TV Asia TV Asia covers the latest trends and developments in the media businesses across the Asia Pacific. It is produced by the same team behind World Screen, the leading source of information for the international media business. Read more here. ....