Netflix expanding investment in S. Korean content

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Netflix expanding investment in S. Korean contentUS media giant Netflix is beefing up efforts to secure popular Korean-made films and shows as part of a strategy to boost its presence in the global streaming service market.

The platform service operator has funneled nearly 800 billion won into Korean titles since 2015, with about 70 Korean-language original shows having been created, including the historical zombie horror series “Kingdom” .

Netflix has already set up a few production hubs in countries like Britain and Spain, where their original content has a competitive edge in the global market. It has bought the distributing rights of three Korean films, “Time To Hunt,” “Call” and “Space Sweepers,” and released them on its platform without theatrical runs.

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