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Netflix to Spend $500 Million on Korean Content This Year

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variety.com

Patrick Frater Asia Bureau ChiefMultinational streaming giant Netflix is positioning itself to be a dominant force in South Korean entertainment, a country where films, TV shows and K-pop music have become global successes.The company said Thursday that it will spend close to half a billion dollars on Korean content in the current year and expand its production slate.New elements include two stand-alone films: “Moral Sense” and “Carter.” The former, to be directed by Park Hyun-jin (“Like for Likes”) depicts a male-submissive and female-dominant BDSM relationship that develops between two office workers. “Carter” is a one-scene, one-take action film directed by Jung Byung-gil about a man who wakes up in a motel room with a voice in his ear.

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