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Netflix Poised to Roll Out More Original Series Based on Korean Webtoons in 2021

Netflix Poised to Roll Out More Original Series Based on Korean Webtoons in 2021

SEOUL, Jan. 18 (Korea Bizwire) – Riding on the burgeoning popularity of webtoon-based Korean TV series like “Sweet Home” and “The Uncanny Counter” at home and abroad, U.S. streaming service giant Netflix is ready to accelerate the trend by releasing more drama adaptations of online comics. The original series “All of Us Are Dead” by [...]

Korean Sci-fi Film ‘Space Sweepers’ to be Released Next Month on Netflix

Korean Sci-fi Film ‘Space Sweepers’ to be Released Next Month on Netflix

SEOUL, Jan. 6 (Korea Bizwire) — South Korean science-fiction blockbuster “Space Sweepers” will be released on Netflix next month, the U.S. media giant said Wednesday. The film starring Song Joong-ki and Kim Tae-ri will be available to its subscribers in 190 countries on Feb. 5, the company said. Originally set to open in theaters last [...]

Blue Chips Rush into Netflix-led S. Korean Streaming Service Market

Blue Chips Rush into Netflix-led S. Korean Streaming Service Market

SEOUL, Nov. 13 (Korea Bizwire) — The landscape of the South Korean streaming service market is facing seismic change as new players have been jumping into the booming sector in diversified forms. As the protracted novel coronavirus pandemic has accelerated the trend toward mobile-based binge-watching of content, e-commerce firms, like Coupang and online portal operators, [...]

Pandemic Brings End to Netflix vs. Theater Struggle on Theatrical Release Practice

Pandemic Brings End to Netflix vs. Theater Struggle on Theatrical Release Practice

SEOUL, Nov. 12 (Korea Bizwire) — As the latest Netflix original film, “Hillbilly Elegy,” has hit screens of South Korea’s two biggest multiplex chains of CJ CGV and Lotte Cinema, the yearslong conflict between major theaters and the global streaming giant has apparently come to an end amid the COVID-19 pandemic. CGV and Lotte Cinema [...]

Netflix Estimated to Have Record-high Subscriptions in S. Korea in Oct.

Netflix Estimated to Have Record-high Subscriptions in S. Korea in Oct.

SEOUL, Nov. 10 (Korea Bizwire) — U.S. streaming giant Netflix Inc. is estimated to have brought in record-high paid subscriptions in South Korea last month, industry data showed Tuesday. An estimated 3.62 million viewers in South Korea presumably paid 51.4 billion won (US$45.9 million) for subscriptions in October, almost twofold from 26.2 billion won in [...]