Netflix’s Investment In Korean Content To Double In 2021: That’s Over 750 Billion Dollars For K-Dramas And K-Movies
2020 has been a huge year for K-Drama lovers, especially with the rise of Netflix as an irreplaceably strong partner in producing some of the most beloved blockbuster shows.
As the local and international markets for such Korean content continues to grow, investment experts unanimously share a positive outlook for the K-Drama and K-Movie production front in 2021.
Financial experts forecast Netflix to invest at least 768.5 billion dollars in securing more “original series” titles and streaming licenses…
… which is more than double what the streaming platform invested in 2020. With the hefty investment, it is likely for largely successful K-Dramas like Sweet Home and Extracurricular to actually get their consecutive seasons.
In addition to those seasons, some of the confirmed and most-anticipated productions for 2021 include the “spin off” season of Kingdom: Ashin of the North…
… a sci-fi thriller The Silent Sea, featuring stars Gong Yoo and Bae Doo Na…
… and more webtoon-based remakes like All of Us Are Dead and Hellbound.
What a huge year for Netflix ahead! Now might be a good time to stock up on popcorn. 🍿🥤
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