After Squid Game’s success, Netflix is spending billions of dollars on Korean content

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Netflix is investing a reported $2.5 billion into Korean TV after the success of shows like Squid Game.

“We were able to make this decision because we have great confidence that the Korean creative industry will continue to tell great stories,” said Ted Sarandos, co-CEO of Netflix during a meeting at Blair House in Washington with South Korean President Yoon Suk Yeol (H/T Deadline (opens in new tab)). 

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