Netflix Co-CEO Ted Sarandos Says $2.5BN Korean Investment Won’t Exploit Local Industry, Amid Pushback From Lawmakers

  • 📰 DEADLINE
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 63%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

During a three-day visit to Seoul, Netflix co-CEO Ted Sarandos said the streamer is fairly compensating producers and nurturing new talent, after calls from some local lawmakers and industry figure…

– and the streamer announced a $2.5BN investment in Korean content in April.

Last week, the Korean government announced plans to provide $390M to help local streaming platforms compete with global streamers, including Netflix, as they tackle soaring production costs. “In the longer term, we need to learn, adapt and innovate together. It’s not always going to be easy as the audiences are incredibly demanding…but we are committed to the partnership because we have seen first-hand how much our members love K-content,” he continued.

Don Kang, Netflix’s vice president of Korean content, said the company is planning to invest more in Korean films and non-fiction, after initially focusing more on series.

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 109. in İD
 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Ted Sarandos Calls Korean Content ‘Surprising and Unpredictable’ as Netflix Prepares to Double Investment in Shows, Industry DevelopmentThere’s more to Korean TV than a greenlit second season of “Squid Game” and Ted Sarandos, Netflix co-CEO, shed new light on what’s making the “Korean wave” worthy of large-scale c…
Sumber: Variety - 🏆 108. / 63 Baca lebih lajut »

Netflix CEO says $2.5 bln Korean investment won't exploit local talentNetflix co-CEO Ted Sarandos pledged on Thursday that its bumper investment in South Korean content would not bypass young local talent, after calls by some lawmakers for the streaming giant to share more profits with creators.
Sumber: Reuters - 🏆 2. / 97 Baca lebih lajut »