Eager to meet the increased demand for original Korean series and films on the platform, Netflix expands its presence in South Korea with two new purpose-built production facilities in Paju-si and Yeoncheon-gun, just outside of Seoul, in Gyeonggi Province, Korea. The expansion signals the continued commitment of the streamer to invest in Korea’s creative ecosystem, avowing the global impact of the platform’s Korean original titles that include Sweet Home, Kingdom, The King: Eternal Monarch, Start-Up, and It’s Okay to Not Be Okay deserving the attention of viewers worldwide.
From 2015 to 2020, Netflix’s investment in Korean content reached USD 700 million, with more than 80 series made domestically and watched by audiences around the world. The production of upcoming original Korean series and films will be supported at the new spaces, including the recently announced Korean adaptation of the breakout original heist series La Casa de Papel (Money Heist) helmed by Kim Hong Sun; along with projects currently in development or already in production that includes Move To Heaven, Kingdom: Ashin of the North, Silent Sea, Squid Game, Hellbound, All of Us are Dead, D.P, and more.
“Netflix is thrilled to deepen its investment in Korea, as well as Korean Films and Series,” said Netflix VP Studio Operations Amy Reinhard. “With these new studios, Netflix is better positioned than ever to increase our production of great stories from Korea while also providing a wealth of production-related jobs for talented professionals in Korea’s creative community.”
Through a multi-year content partnership with CJ ENM/Studio Dragon and JTBC, Netflix is set to introduce more diverse and varied selections to watch on the platform, while introducing the best creatives made by Korea’s leading entertainment companies to its 195 million members around the world.