digital media platform Netflixin a statement made today, South Korea will visit in the next 4 years. $2.5 billion announced that it will invest. With this investment, the company will produce films, series and reality shows for both the Korean audience and other countries.

Breaking viewership records after its release on Netflix in 2021 Squid game The series became one of the company’s most successful original content initiatives to date, garnering 142 million viewers worldwide. After 2 years, Netflix wants to reach a large audience by increasing its investments in South Korea with its statement today.

In South Korea, 2.5 billion dollars will be invested over 4 years

Netflix said in a statement that it plans to invest $2.5 billion in South Korea over the next four years and produce TV series, movies and reality shows abroad for both the Korean audience and its wider global footprint.

Announcement, official visit to the USA South Korean President Yoon SukYeol of Netflix co-CEO Ted SarandosIt was timed to coincide with the Washington meeting.

Sarandos spoke on Monday. “We were able to make this decision because we are confident that the Korean creative industry will continue to tell great stories. We were also inspired by the president’s love and strong support for the Korean entertainment industry and fueling the Korean wave. “ said.

Although two years have passed since the success of Squid Game, the series still maintains its place among the most popular series. on the other hand The glory series and Physical: 100 The reality show is also one of the platform’s most watched series. It seems that the company is looking to reach a wider audience by increasing its investments there after South Korea’s success on the platform.

Also on Netflix Dean Garfield, vice president of public policy, That’s what Netflix said during its visit to South Korea in 2021 in Seoul More than 80 Korean movies and that he introduced the series and between 2015-2020″spent nearly $700 million on Korean content‘ he said.