Entertainment Entertainment

Netflix to invest US $2.5 billion in new South Korea films and TV shows

Netflix to invest US $2.5 billion in new South Korea films and TV shows
South Korean President Yoon Suk Yeol speaks next to Netflix co-CEO Ted Sarandos during a news conference in Washington, U.S., April 25, 2023.

Streaming giant Netflix says it will invest US $2.5 billion in South Korea over the next four years.

The firm's co-chief executive Ted Sarandos made the announcement after he met South Korea's President Yoon Suk-yeol in Washington. Yoon is currently on a state visit to the US where he is expected to meet President Joe Biden.

Netflix has seen success with South Korean productions, including the hugely popular show Squid Game.

[Source: BBC]

Stay tuned for the latest news on our radio stations

CFL radio frequencies
LIVE SCORES
Panthers vs Rabbitohs 10:00PM
Dragons vs Wests Tigers 7:30PM
Broncos vs Sharks 9:35PM
Maroons vs Blues 10:05PM
USA 0–0 Bosnia & Herzegovina ● LIVE
Belgium 3–2 Senegal Full Time
Drua 50–17 Reds Full Time
Fiji vs Wales 1:10AM
Fiji vs England 1:10AM