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Asian production houses making “significant changes” to business model over K-drama boom

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Squid Game, Hellbound, Hometown Cha-Cha-Cha and more this year – there been a global increase in demand for even more content from the East Asian country, according to a report from Variety.This has caused production houses in Asia to refocus their operations to make capture current K-drama boom.

One such company is the Singapore-listed Spackman Entertainment, which recently sold leading indie production house Zip Cinema (The Priests, Golden Slumber, the upcoming Broker) to Korea internet giant Kakao.Speaking to Variety, Spackman Entertainment president Na Kyoung-won said the company has felt “the need to make significant changes in our overall business model” due to the fact that “Korean content is increasingly becoming global”.Na also.

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