SEOUL, Nov. 22 (Korea Bizwire) — The South Korean fantasy horror “Hellbound” has topped the world’s popular TV show rankings on the day after its release. According to data by streaming analytics firm FlixPatrol, the Korean-language Netflix original became the most-watched TV program on the streaming platform Saturday (U.S. time), a day after its global [...]
SEOUL, Nov. 21 (Korea Bizwire) — The number of Netflix’s monthly active users (MAU) in South Korea hit a record high in September from a month earlier helped by the Korean-made mega hit “Squid Game,” a market research firm said Sunday. The U.S. streaming giant’s monthly active users in South Korea reached 9.48 million in [...]
SEOUL, Nov. 19 (Korea Bizwire) — Netflix has raised its monthly subscription fees in South Korea as a vice parliamentary speaker proposed a bill to keep the U.S. streaming giant from getting a free ride on networks. Netflix’s premium plan jumped to 17,000 Korean won (US$14), up 17.2 percent from 14,500 won, in the latest [...]
SEOUL, Nov. 17 (Korea Bizwire) — The South Korean sensation “Squid Game” has posted a total of 1.65 billion hours of streaming in the first four weeks of release, becoming the most-watched Netflix content of all time. Netflix on Tuesday (U.S time) released the global top 10 lists of films and TV shows based on [...]
SEOUL, Nov. 11 (Korea Bizwire) — The South Korean sensation “Squid Game” has reclaimed the No. 1 position on Netflix’s most popular TV show rankings to become the streamer’s top-ranking original series for the most days ever. According to streaming analytics firm FlixPatrol on Wednesday (U.S. time), the Korean-language survival drama regained the No. 1 [...]
SEOUL, Nov. 11 (Korea Bizwire) — The vice president of Netflix Inc. said during his recent visit to South Korea that he had the intention to negotiate with SK Broadband Co., which is litigating with the U.S.-based streamer over network usage fees. Nonetheless, he departed without doing so, industry sources said Wednesday. Dean Garfield, vice [...]
SEOUL, Nov. 4 (Korea Bizwire) — The vice president of Netflix Inc. said Thursday the global streaming giant is well aware of controversies surrounding costs from increased network traffic due to a surge of viewers in South Korea. The U.S.-based streamer has been under criticism by local internet service providers (ISPs) and regulators for refusing [...]
SEOUL, Nov. 3 (Korea Bizwire) — Global streaming giant Netflix is considering giving an additional reward to Korean producers of “Squid Game,” as it became the platform’s biggest-ever original show, a senior official of the company was quoted as saying Wednesday. Dean Garfield, vice president of public policy at Netflix, said his company is in [...]
SEOUL, Oct. 31 (Korea Bizwire) — North Korea accused the South Korean entertainment industry on Sunday of working in favor of U.S. companies, such as Netflix, through “unfair” deals. The North’s propaganda outlet, Meari, said South Korean entertainment firms have turned to Netflix to improve their margins amid a business slump caused by the COVID-19 [...]
SEOUL, Oct. 20 (Korea Bizwire) — While the market presence of Netflix in South Korea has recently been buoyed by the worldwide success of “Squid Game,” other big-name global and homegrown streamers, like Disney+ and Tving, have been rolling up their sleeves to shake up the landscape of the local streaming service market. Since its [...]