Netflix Will Spend $500M In Korea This Year As It Nears 4M Local Subs; Streamer Unveils New Original Films ‘Moral Sense’ & ‘Carter’, Plus ‘Hellbound’ First Look

Netflix Will Spend $500M In Korea This Year As It Nears 4M Local Subs; Streamer Unveils New Original Films ‘Moral Sense’ & ‘Carter’, Plus ‘Hellbound’ First Look
Netflix says its spending in Korea will top $500M in 2021 as the streamer doubles down on local content production after hits including #Alive.

During an event today to tout its upcoming slate, Minyoung Kim, VP of Content for Korea, Southeast Asia, Australia and New Zealand, revealed that the service passed 3.8 million paid memberships in Korea as of the end of 2020. It has north of 200 million subs globally.

During the showcase, two new Korean original films were revealed:

Moral Sense, from Park Hyun-jin, who previously helmed the 2016 rom-com Like For Likes. His new movie follows a seemingly clean cut office worker who keeps his Bdsm taste to himself, until his female co-worker accidentally opens his mail and finds a leash.

Carter is being directed by Jung Byung-gil (The Villainess). The one-scene, one-cut action pic will follow a man after he wakes up in a motel room with no recollection of who he is,
See full article at Deadline »

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