Netflix

Netflix is pouring in $500 million to create originals from South Korea

Bea Cupin
Netflix is pouring in $500 million to create originals from South Korea

KOREA SPOTLIGHT. Minyoung Kim, who heads content for Netflix in Korea, Southeast Asia, Australia and New Zealand, at the 'What's Next Korea' event.

Still courtesy of Netflix

Netflix earlier acquired two production facilities to help produce even more content from South Korea

Streaming giant Netflix announced on Thursday, February 25, that it will be investing over $500 million in original content from South Korea.

Minyoung Kim, Vice President for Korea, Southeast Asia, Australia and New Zealand Content at Netflix, made the announcement during What’s Next Korea, an online event dedicated to announcing its slate from South Korea.

Earlier, Netflix said that it had acquired two production facilities just outside Seoul. There’s YCDSMC-Studio 139, over 9,000 square meters, and Samsung Studio, which is around 7,000 square meters.

Netflix has already invested over $700 million in Korean content from 2015 to 2020, resulting in over 80 shows from South Korea.

The streaming giant also unveiled its slate of shows for 2021, most titles of which had been announced separately in the past. The upcoming shows include:

  • Love Alarm 2
  • Move To Heaven
  • DP (Deserter Pursuit)
  • My Name (noir series)
  • All Of Us Are Dead (zombie series)
  • So Not Worth It (comedy)
  • Paik’s Spirit (reality series w/ Paik Jong-won – it’ll feature Korean liquor!)
  • Lee Su-geun: The Sense Coach

Other shows also in the pipeline include period zombie series Kingdom spin-off Kingdom: Ashin of the North, Hellbound, Squid Game, and The Silent Sea. – Rappler.com

Bea Cupin

Bea is a senior multimedia reporter who covers national politics. She's been a journalist since 2011 and has written about Congress, the national police, and the Liberal Party for Rappler.