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Netflix Will Spend $500M In Korea This Year As It Nears 4M Local Subs – Deadline

Netflix says its spending in Korea will prime $500M in 2021 because the streamer doubles down on native content material manufacturing after hits together with #Alive.

Throughout an occasion at this time to tout its upcoming slate, Minyoung Kim, VP of Content material for Korea, Southeast Asia, Australia and New Zealand, revealed that the service handed 3.8 million paid memberships in Korea as of the top of 2020. It has north of 200 million subs globally.

Throughout the showcase, two new Korean authentic movies have been revealed:

Ethical Sense, from Park Hyun-jin, who beforehand helmed the 2016 rom-com Like For Likes. His new film follows a seemingly clear lower workplace employee who retains his BDSM style to himself, till his feminine co-worker by chance opens his mail and finds a leash.

Carter is being directed by Jung Byung-gil (The Villainess). The one-scene, one-cut motion pic will observe a person after he wakes up in a motel room with no recollection of who he’s, aside from a voice in his ear that calls him ‘Carter.’ Following the voice’s orders, Carter goes on an exhilarating mission to avoid wasting a kidnapped lady.

As a part of at this time’s occasion, the streamer additionally provided first appears to be like at tasks together with Prepare To Busan filmmaker Yeon Sang-ho’s upcoming collection Hellbound [see below], which is a couple of sensible, confident lawyer who goes up towards the New Reality Church and its extremist Arrowhead devotees.


“The Ok-Wave, or Hallyu as we name it right here in Korea, is a big second of nationwide delight and we’re proud to be a part of it,” Minyoung Kim stated. “Nice Korean tales are nothing new, actually storytelling is deeply rooted in Korean tradition. However at this time we dwell in a world the place Parasite is an Academy Award Greatest Image winner, BlackPink performs Coachella, and over 22M households tune right into a horror TV collection, Candy Dwelling. Audiences all over the world are falling in love with Korean tales, artists, and tradition.”

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