SEOUL, Dec. 6 (Korea Bizwire) – Foreign video streaming services such as Netflix and Disney+ are exerting significant influence on compensation for Korean actors, contributing to a surge in industry costs. With deep pockets, these platforms are actively acquiring top-tier actors and premium content. Reports indicate that Lee Jung-jae is poised to command approximately 1 billion [...]
SEOUL, Nov. 30 (Korea Bizwire) — Netflix’s apocalyptic horror series “Sweet Home” is set to return for its second season after three years, promising a bigger scale and intensified battles among humans, monsters and in-between creatures. Based on Naver’s eponymous webtoon, the first season of the original Korean series took off instantly after it went [...]
SEOUL, Nov. 9 (Korea Bizwire) — Shin Min-a and Park Hae-soo have been cast in new Netflix original Korean series “Karma (WT),” Netflix said Thursday. Based on the webtoon of the same name by Hwang Joon-ho, the crime thriller revolves around characters who are tightly entangled in ill-fated relationships amid failed attempts to escape from [...]
SEOUL, Oct. 5 (Korea Bizwire) – Many attribute the global success of Netflix’s original series ‘Squid Game’ to the fact that the company faithfully followed its motto of ‘the most local is the most global.’ However, from a global perspective, the data suggests that South Korea was the only country where Netflix’s strategy yielded significant results. [...]
SEOUL, Sept. 18 (Korea Bizwire) — SK Broadband Co., a major South Korean internet service provider, said Monday that it will end the yearslong legal battle with Netflix over network usage fees. “We agreed to end all disputes and work together as partners for the future,” the company said in a statement, without elaborating on [...]
SEOUL, July 24 (Korea Bizwire) — As the drama series progresses, the time spent watching content through Netflix increases compared to conventional cable TV, confirming the phenomenon of binge-watching on the platform, a study showed Sunday. According to an academic thesis published in South Korea’s Journal of Visual Culture Content, a research team analyzed TV [...]
SEOUL, July 19 (Korea Bizwire) — The Korean romantic drama series “King the Land” retook the No. 1 position as Netflix’s most-watched non-English TV show in the previous week, the streaming platform’s viewership chart showed Wednesday. The JTBC series, starring K-pop idols-turned-actors Lee Jun-ho and Lim Yoona, topped Netflix’s non-English TV show list for the [...]
SEOUL, July 12 (Korea Bizwire) — Netflix’s Korean-language series “Celebrity” was the most-watched non-English TV show on the streamer in the previous week, its viewership chart showed Wednesday. Released on June 30, the 12-part show about the extravagant lives of social media influencers topped Netflix’s non-English TV show list for the week of July 3-9 [...]
SEOUL, July 5 (Korea Bizwire) — The Korean romantic drama series “King the Land” was Netflix’s most-watched non-English TV show in the previous week, the streaming platform’s viewership chart showed Wednesday. The JTBC series, starring K-pop idols-turned-actors Lee Jun-ho and Lim Yoona, topped Netflix’s non-English TV show list for the week of June 26-July 2 [...]
SEOUL, June 22 (Korea Bizwire) — Netflix co-CEO Ted Sarandos said Thursday his company’s unwavering belief in the power of exceptional content from any corner of the globe to captivate audiences worldwide has been proved in South Korea. Sarandos proudly disclosed the global streaming giant’s alternative approach defying conventional expectations during a media event organized [...]