Netflix Buys Big Into K-Dramas
Hit by China bans, Korean production houses are signing up with Netflix, other US distribution firms
South Korean TV productions are set to gain further international traction in global markets as Netflix, the world’s largest streaming entertainment service, has signed long-term contacts with two Korean drama production companies: Studio Dragon and Jcontentree.
The contracts, both signed in November for undisclosed sums, will bring over 40 Korean dramas to the streaming content provider over the next three years.
Photo Credit: Studio Dragon