Netflix’s Investment In Korean Content To Double In 2021: That’s Over 750 Billion Dollars For K-Dramas And K-Movies

2020 has been a huge year for K-Drama lovers, especially with the rise of Netflix as an irreplaceably strong partner in producing some of the most beloved blockbuster shows.

| NME.com

As the local and international markets for such Korean content continues to grow, investment experts unanimously share a positive outlook for the K-Drama and K-Movie production front in 2021.

“Crash Landing On You”, one of Netflix’s most successful K-Drama from 2020. | Netflix

Financial experts forecast Netflix to invest at least 768.5 billion dollars in securing more “original series” titles and streaming licenses…

On set of “Extracurricular” production. | Netflix

… which is more than double what the streaming platform invested in 2020. With the hefty investment, it is likely for largely successful K-Dramas like Sweet Home and Extracurricular to actually get their consecutive seasons.

“Sweet Home” on Netflix. | Netflix

In addition to those seasons, some of the confirmed and most-anticipated productions for 2021 include the “spin off” season of Kingdom: Ashin of the North…

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… a sci-fi thriller The Silent Sea, featuring stars Gong Yoo and Bae Doo Na…

The stars of “The Silent Sea” at rehearsal. | W Korea

… and more webtoon-based remakes like All of Us Are Dead and Hellbound.

What a huge year for Netflix ahead! Now might be a good time to stock up on popcorn. 

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