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Netflix Plans to Spend $2.5 Billion on Korean Content Through 2027

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Sarandos said. “I have no doubt that our investment will strengthen our long-term partnership with Korea and Korea’s creative ecosystem.”Sarandos says the sum is double what Netflix has spent in Korea since 2016.

Yoon said the investment is a “large opportunity” for the South Korean entertainment industry.Netflix has seen enormous success with projects made in South Korea, most notably “Squid Game” which, in addition to being a global sensation, was in 2022 the first non-English language series to win Outstanding Drama Series.

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