Netflix dedicates $2.5B USD to South Korean entertainment

Netflix has announced its plans to invest $2.5 billion USD in Korean entertainment, following the global success of Korean shows and movies, such as Squid Game. The streaming service aims to

over the next four years, focusing on series and films for both Korean and international audiences. This investment will double the amount that Netflix initially invested in South Korea in 2016.

The decision was made following a meeting between Netflix co-CEO Ted Sarandos and South Korean President Yoon Suk Yeol. According to Sarandos, they have great confidence in the Korean creative industry's

, and the decision was also inspired by the President's strong support for the Korean entertainment industry.

This move marks another significant investment by Netflix in the Korean entertainment industry. The company's successful expansion in South Korea demonstrates its commitment to creating diverse content that appeals to audiences worldwide.

Từ vựng

Quiz