Netflix Dedicates $2.5B USD to Developing Original Shows and Movies in South Korea

Following the success of Korean shows and movies, such as the history-making success of 2021's Squid Game, Netflix is allocating more resources to developing content in South Korea. The streaming service has announced that it plans to invest $2.5 billion USD in Korean entertainment.The billions in funds - doubling what the streamer initially invested in South Korea in 2016 - will be used on developing and producing new series and films over the next four years. Netflix will be focusing its effor...