K-content

Netflix to invest US$2.5 billion in South Korean content over next four years

Netflix has unveiled ambitious plans to invest US$2.5 billion in South Korean content over the next four years, following a meeting between the streaming giant’s CEO Ted Sarandos and South Korea’s President Yoon Suk Yeol in Washington. The announcement comes as South Korea’s star continues to ascend as a global cultural heavyweight, bolstered by the phenomenal success of the Oscar-winning…