SEOUL, Dec. 29 (Korea Bizwire) — Six out of 10 Netflix subscribers globally watched at least one Korean title on the streaming platform this year, Netflix said Thursday. “The K-Wave is bigger than ever,” Netflix said in a release posted on its global newsroom. “Sixty percent of our members watched a Korean title and Netflix [...]
SEOUL, Dec. 21 (Korea Bizwire) — A major Chinese TV network is expected to air Korean dramas next year, set to join other streaming platforms that have opened their doors to Korean entertainment content after a yearslong cultural freeze. Anhui Satellite TV said Tuesday on its official Weibo account that “Thai and Korean dramas will [...]
SEOUL, Dec. 2 (Korea Bizwire) — As Korean dramas and films enthrall a wider global audience, entertainment giant Disney now looks ready to ride the Korean Wave to expand its presence in the thriving streaming market. Following streaming leader Netflix’s international success of “Squid Game,” more viewers from across the globe are watching Korean series [...]
SEOUL, Jan. 20 (Korea Bizwire) — South Korea remained the No. 2 supplier of popular content to Netflix in the fourth quarter of last year, U.S. online media have reported. According to What’s On Netflix, a private online site that provides information on Netflix content, on Wednesday (U.S. time), South Korean-made shows accounted for 11.8 [...]
SEOUL, May 4 (Korea Bizwire) — A state-run Korean language education center said Tuesday it has launched a new Korean learning program using popular K-pop and K-drama content. The new series, titled “K-wave Korean,” carries 52 five-minute video clips in English and provides subtitles in four other languages — Chinese, Vietnamese, Indonesian and Russian — [...]
SEOUL, Dec. 7 (Korea Bizwire) — Southeast Asian countries are emerging as a new market for Korean broadcasting content, in line with the government’s aggressive foreign policy initiative called the New Southern Policy, which gained momentum via a South Korea-Association of Southeast Asian Nations (ASEAN) special summit in Busan last month. The region can provide [...]
SEOUL, Nov. 28 (Korea Bizwire) — Netflix has been speeding up efforts to strengthen strategic partnerships with South Korean content creators in an apparent move to expand its influence in the country’s burgeoning streaming service market. Last week, the U.S.-based streaming giant inked a deal with CJ ENM, an entertainment unit of CJ Group, and [...]
SEOUL, Mar. 25 (Korea Bizwire) — Sales of Korean dramas and films rose around 15 percent at a major international content fair in Hong Kong last week compared with a year earlier, a South Korean government agency said Monday. A total of 25 Korean content sellers recorded a total of US$16.6 million in sales during [...]
SEOUL, May 28 (Korea Bizwire) — Korean TV channels will participate in China’s biggest broadcasting content fair for the first time in two years in the latest sign that China is loosening its restriction on Korean cultural products, industry sources said Monday. China banned Korean dramas, films, packaged tours and K-pop starting in 2016 in [...]