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Wow! Netflix Has Spent $700 Million To Bring More Korean Content For Us To Enjoy

2021 is going to be a busy year for Korean content on Netflix.

Good news, K-entertainment fans: More content on Netflix is coming your way! The streaming platform is pretty committed to the whole thing. According to reports, the company has spent $700 million (around P33,600,000,000) since 2015 to bring Kingdom, The King: Eternal Monarch, and more.

The streaming service also has signed leases on two production facilities right outside of Seoul, South Korea. According to Hollywood Reporter, the new facilities include nine stages with a combined area of 16,000 square meters.

Kingdom: Ashin Of The North
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"Netflix is thrilled to deepen its investment in Korea, as well as Korean Films and Series," says Netflix Vice President of Studio Operations, Amy Reinhard. "With these new studios, Netflix is better positioned than ever to increase our production of great stories from Korea while also providing a wealth of production-related jobs for talented professionals in Korea's creative community."

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It's going to be a busy year for Korean content on the said streaming platform. So far, the line-up Netflix has revealed includes titles such as Move To Heaven, Kingdom: Ashin of the North, Silent Sea, Squid Game, Hellbound, All of Us are Dead, and D.P., to name a few.

One of the most-awaited movies, Space Sweepers, is coming to Netflix in February. The sci-fi film, which has been dubbed the Korean Star Wars, follows cosmic waste management spacecraft's crew on a mission to find a humanoid robot named Dorothy. It will be led by actor Song Joong Ki. 

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You can watch the teaser trailer below: