Netflix Opening Studio Amenities to Broaden Korean Written content Source
2 min readNetflix says that it is leasing nine seem phases at two facilities in South Korea in purchase to maximize its output of Korean films and collection.
The two generation services are located at Paju-si and Yeoncheon-gun, just outdoors of Seoul, in Gyeonggi Province. At YCDSMC – Studio 139, it will lease 6 levels and supporting spaces of somewhere around 9,000 square meters. At Samsung Studio, the streamer will also lease a few phases of about 7,000 square meters.
“Netflix is thrilled to deepen its investment decision in Korea, as very well as Korean movies and series,” said Netflix VP of studio operations, Amy Reinhard, in a assertion. “With these new studios, Netflix is far better positioned than ever to improve our manufacturing of good tales from Korea though also supplying a wealth of output-relevant work opportunities for talented specialists in Korea’s imaginative community.”
For quite a few years, South Korea has been regarded inside Asia as an amusement marketplace powerhouse. In the previous few of decades its impact on a world-wide stage has also developed, with K-pop functions this kind of as BTS and movies such as Oscar-winner “Parasite” attaining business and vital crossover. Its Television set content, long identified regionally for its good quality, is now locating good results further more afield, because of in part to the worldwide arrive at of streaming corporations.
Netflix suggests it has invested some $700 million on Korean material, which includes a lot more than 80 exhibits, among 2015-2020. “These two function-crafted amenities are an additional crucial case in point of our ongoing determination to investing in Korea’s inventive ecosystem,” the organization stated.
Between the displays set to be created at the services is the previously introduced Korean adaptation of hit Spanish collection “Money Heist” (aka “La Casa de Papel”). Other, new Korean-created stories currently in production or development include “Move To Heaven,” “Kingdom: Ashin of the North,” “Silent Sea,” “Squid Match,” “Hellbound,” “All of Us Are Useless,” and “D.P.”
Netflix also has multi-year content material partnerships with CJ ENM/Studio Dragon and JTBC.
- In a separate enhancement, JTBC Thursday declared that it is joining CJ ENM’s streaming online video provider TVING. Each corporations may possibly develop primary information for the platform. On the web large, Naver also fully commited to expense in the TVING undertaking. JTBC and CJ ENM explained they were being committing to extra than KRW400 billion ($370 million) of creation spend above the future three several years.