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Netflix Aims for More Original Global Content

Netflix Aims for More Original Global Content

SEOUL, Jan. 24 (Korea Bizwire) — U.S. media service provider Netflix Inc. said Thursday that it aims to create more original content targeting global audiences regardless of their nationality or language. Netflix, which started as a video rental firm in 1997, currently has over 189 million paid memberships in over 190 countries enjoying both original [...]

Netflix’s First Original Korean Drama ‘Kingdom’ Unveiled to Media

Netflix’s First Original Korean Drama ‘Kingdom’ Unveiled to Media

SEOUL, Jan. 21 (Korea Bizwire) — Netflix on Monday unveiled to media its first original Korean drama series, which has drawn much anticipation for its big budget and acclaimed creative team. “Kingdom,” which premieres globally on the U.S. video streaming service Friday, is a genre-defining six-episode zombie mystery thriller set in the last Korean kingdom [...]

SK Broadband to Double Network Size for Netflix Users

SK Broadband to Double Network Size for Netflix Users

SEOUL, Jan. 21 (Korea Bizwire) — South Korea’s fixed-line operator SK Broadband Inc. said Monday that it is pushing to increase its network capacity to deal with the growing number of people using services offered by U.S. video streaming platform Netflix. The company is planning to increase its data transfer speed for high-speed networks to [...]

Netflix Executive Raves About the Importance of the Korean Market

Netflix Executive Raves About the Importance of the Korean Market

SEOUL, Nov. 9 (Korea Bizwire) — Currently in Singapore to attend an event being held at the famed Marina Bay Sands hotel, Netflix COO Ted Sarandos spoke of the movie that first sparked interest in the Korean market. “The first original film that Netflix invested in was Bong Joon-ho’s 2017 flick, ‘Okja’,” said Sarandos. Although [...]

Media Industry Divided on Whether to Block or Promote Netflix

Media Industry Divided on Whether to Block or Promote Netflix

SEOUL, Oct. 15 (Korea Bizwire) — Korean TV broadcasters are undecided on how to best deal with Netflix, the global over the top (OTT) content provider that distributes streaming media. For now, the major terrestrial TV stations have stated that they will not sell their latest content to Netflix. But non-terrestrial TV production houses such [...]

Netflix to Hire Locals, Tap Deeper into S. Korean Market

Netflix to Hire Locals, Tap Deeper into S. Korean Market

SEOUL, Apr. 5 (Korea Bizwire) — U.S. video streaming service provider Netflix plans to hire new staff members in South Korea, industry sources said Thursday, taking steps to tap deeper into the local market. According to the sources, the video streaming service provider plans to hire around 10 to 15 employees in South Korea who [...]

VPN.com Puts Netflix CEO Reed Hastings on Notice About Security Risks & VPN Ban

VPN.com Puts Netflix CEO Reed Hastings on Notice About Security Risks & VPN Ban

ATLANTA and SAN FRANCISCO, Mar. 21 (Korea Bizwire) — VPN.com CEO, Michael Gargiulo, is taking the fight to Netflix, Inc. CEO, Reed Hastings, on behalf of 120 million Netflix subscribers worldwide who cannot securely access the service with a Virtual Private Network (VPN). “I wrote this letter because Netflix subscribers are unable to securely connect [...]

Has Okja Effect Worn Off? Netflix Subscriptions Plunge Days After the Movie Release

Has Okja Effect Worn Off? Netflix Subscriptions Plunge Days After the Movie Release

SEOUL, Jul. 27 (Korea Bizwire) — A new industry report claims that streaming service Netflix failed to take advantage of its original film ‘Okja’ in South Korea despite the hype for the star-dusted cast and high-profile film director Bong Joon-ho, as subscription figures have plunged only days after the movie was released. The report released on Thursday [...]

Korean University Research Team Compares Binge-Watching Netflix to Gaming

Korean University Research Team Compares Binge-Watching Netflix to Gaming

SEOUL, Jul. 17 (Korea Bizwire) — As the popularity of “binge-watching” TV is steadily rising in Korea, a study published by a research team at Hanshin University highlights parallels between watching TV shows and playing video games. Netflix, the video streaming industry giant, is one of the most popular options for binge-watching, especially considering a season’s [...]