Wednesday, December 7, 2022

Netflix will release 25 Korean films and series after ‘Squid Game’ success

Netflix is planning to increase its Korean programming in 2022 after the huge success of Squid Game. There will 25 Korean films and series release by the streaming service this year and it’ll most in history.

Over half a billion dollars have spent by Netflix on Korean programming in 2021. This year’s slate is expecting to surpass that total, although no exact sum has revealed.

Netflix reported a six-fold increase in worldwide viewing hours for its Korean episodes in 2018 compared to 2019. With 95 percent of its viewers originating from outside Korea, Squid Game became Netflix’s most-watched series ever.

Netflix Squid Game, a dark fantasy series that achieved number one on Top 10 in 34 countries. The Silent Sea, a sci-fi mystery topped the weekly non-English Top 10 rankings as well.

As Netflix vp of Korea Don Kang stated, “We are delighting to continue working with Korean creators to elevate the K-wave to new heights.”

With more than 130 Korean titles now available, Netflix has a commanding lead as the preferred worldwide platform for Korean entertainment. However, competition from foreign rivals is heating up. This autumn, Disney+ launched in South Korea and other Asian regions with seven Korean originals. Warner Media’s HBO Max is also expecting to follow suit when it comes in the region later this year.

Read Also: South Korean actor Oh Yeong-su won first Golden Globe Award for his country

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