Netflix to Spend Nearly $500 Million on Korean Content This Year – Hollywood Reporter
8:15 PM PST 2/24/2021
by
Patrick Brzeski
The streamer shared its plans at an event in Seoul where it released first-look images of its current slate and unveiled a pair of original film projects, BDSM drama 'Moral Sense' and action-thriller 'Carter.'
Netflix reaffirmed its commitment to South Korea's globally appealing entertainment industry Thursday, unveiling plans to spend nearly $500 million in 2021 on films and television series produced in the country.
The plans were unveiled during Netflix's splashy "See What's Next Korea" event held in Seoul, where Korean directors and stars gathered with Netflix creative executives to promote the company's current and upcoming local-language originals. Amid the flurry of promotional activity, Netflix also revealed tha...