Finish up Kingdom Season 3 Ple

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2021-02-25

Finish up Kingdom Season 3 Please!!!

Netflix to spend $500 million in South Korea this year to develop new content

KEY POINTS Netflix said it had 3.8 million paid subscribers in South Korea as of December 2020. In

Netflix to spend $500 million in South Korea this year to develop new content

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Besides acquiring rights to existing Korean content, Netflix has made more than 80 original shows and films locally, including the popular zombie thriller “Kingdom” from creator Kim Eun-hee.\n“Over the last two years, we’ve seen the world falling in love with incredible Korean content, made in Korea and watched by the world on Netflix,” Ted Sarandos, co-CEO and chief content officer at Netflix, said via video at the event.\n“Our commitment towards Korea is strong. We will continue to invest and collaborate with Korean storytellers across a wealth of genres and formats,” he added.\nOn Thursday, Netflix also announced two new original films out of South Korea.\nSouth Korean cinema has gained international prominence in recent years.\nFilmmaker Bong Joon-ho shot to global fame last year when his critically acclaimed movie “Parasite” dominated the awards season. It made history to become the first non-English language film to win the best picture Oscar at the Academy Awards.\nNetflix, for its part, has turned its focus on Asia-Pacific in recent years as new subscriber growth in other parts of the world slowed on account of many people already having paid memberships.\nThe California-headquartered streaming giant is betting big on markets like South Korea, India and the whole Southeast Asia region to drive its future growth momentum. Netflix has created more than 200 Asian original series and films since 2016, according to Sarandos.\nAs of December 2020, Netflix reported more than 25 million paid memberships in the Asia-Pacific region compared to more than 200 million globally.","news_type":1},"isVote":1,"tweetType":1,"viewCount":157,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":31,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}