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Dubai News Club > Tech > Netflix doubles down on K-dramas with a $2.5 billion investment
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Netflix doubles down on K-dramas with a $2.5 billion investment

Press Room
Last updated: 2023/04/25
Press Room
Published: April 25, 2023
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After a meeting with South Korean President Yoon Suk Yeol yesterday, Netflix announced it’s planning to invest $2.5 billion into “the creation of Korean series, films, and unscripted shows over the next four years” — which is a fancy way of saying Netflix is about to make a crapload of K-dramas.

The amount is double what Netflix has invested in K-dramas since 2016 — and it’s no surprise given the monumental success of Squid Game as well as The Glory and Physical: 100. In a…

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