Netflix earmarks $2.5B for original content in South Korea

After the stunning success of “Squid Game” in 2021, Netflix is doubling down on South Korea in hopes of another home run out of the country’s entertainment industry. The U.S. streaming giant said Tuesday that it plans to invest $2.5 billion in South Korea over the next four years to produce TV series, movies and reality shows out of the country, both for Korean audiences but also to export across its wider global footprint.
The announcement was made to coincide with a meeting between South Korean President Yoon SukYeol — who is making a state visit to the U.S. — a

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