Netflix announces $2.5 billion investment in South Korea's creative industry

Japanese animation, American blockbusters, Korean TV series? Friends who like animation and film and television must be very familiar with the creations that have made outstanding achievements in this area. Netflix, the world's largest streaming entertainment giant, announced today that it will invest up to US$2.5 billion in the Korean creative industry, because it is optimistic about the strength of Korean film and television.

This huge investment will be realized over the next four years and is twice the total investment Netflix has made since entering the Korean market in 2016.

When announcing the news, Netflix’s CEO expressed his confidence in and high hopes for the strength of Korean films and TV series. Previous works such as “Squid! 3” and “Hell’s Messenger” were extremely popular, and the recent “Dark Glory” has become even more popular. He is confident that Korean films and TV series will occupy a key position in the world’s film and TV cultural trends in the future.