Netflix Dedicated $2.5 Billion to South Korean TV and Film Production Over Next Four Years

Netflix plans to invest $2.5 billion in South Korea over the next four years to produce Korean TV series, movies, and unscripted shows
The investment is a major opportunity for South Korea's content industry and Netflix as the country seeks to increase cultural exports and soft power.
Netflix cites global hits produced by South Korean creators such as "Squid Game", "The Glory", and "Physical:100" as reason for investment.
Korean shows are popular on Netflix, with 60% of its users watching at least one Korean-made show last year.
Netflix has introduced over 80 Korean films and series and spent about $700 million on Korean content between 2015 and 2020.