Netflix to Invest USD 2.5 Billion in South Korean Content Over Next Four Years
Netflix, the US streaming service, said it will invest USD 2.5 billion in South Korea over the next four years to produce Korean TV shows, movies, and unscripted shows. This move represents doubling the company's investment in the region since 2016. The announcement was made after a meeting between South Korean President Yoon Suk Yeol and Netflix co-CEO Ted Sarandos. Also Read: Netflix Has Invested Its Share Into the Ecosystem:... Read More