Why do South Korean series attract billionaire investments from Netflix?

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South Korea has established itself as a true entertainment superpower. His most recent success, the “Squid Game” series, broke records in Netflix, becoming the most watched of all time on the platform.

But does not stop there! The country has been producing other major international hits, such as “All Of Us Are Dead”, “Extraordinary Attorney Woo” and “The Glory”.

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Photo from the Netflix Dorama, The Glory.

In 2019, “Parasite” made history as the first non-English language film to win the coveted Best Picture Oscar.

And this is just a small example of the cultural power that South Korea has conquered around the world, with its international fan base dedicated to the k-pop and other art and entertainment genres.

According to David Tizzard, assistant professor of education at Seoul Women's University and columnist in a Korean daily focusing on social issues: “Korea’s ‘K’ is synonymous with ‘cool’ nowadays".

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Korean food, makeup, games, vlogs, queer content, music and dramas are highly requested by international audiences.

Netflix invests heavily in Korean entertainment

Netflix is ​​investing heavily in South Korea's entertainment industry! With a contribution of 2.5 million dollars (more than 13 billion reais), the streaming giant intends to further boost the portfolio.

This is already imposing of films, television dramas, games and music of the country. That investment was confirmed during a meeting between South Korean President Yoon Suk-yeol and Netflix CEO Ted Sarandos in Washington.

Praising the company's bold investment decision, Yoon said this is a huge opportunity for everyone involved in the industry – including Netflix itself.

Users increasingly lean towards Korean content

Users are increasingly turning to Korean content in times of change. And it is not for nothing!

Music groups, series and films from South Korea have factors that make them irresistible to the international audience, as David Tizzard points out.

In addition to high quality and production values, the industry has also undergone a technological revolution that has made access to content immediate and legal.

On Netflix, for example, Korean shows are automatically presented to international viewers, making access even easier.

More than 60% of Netflix subscribers have watched Korean content at least once.

If you haven't entered this incredible universe yet, what are you waiting for? Take advantage of this global trend and discover all that Korean culture has to offer!

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