NETFLIX OPENS TWO NEW PRODUCTION FACILITIES IN KOREA

Netflix announced the establishment of two new production facilities in  Paju-si and Yeoncheon-gun, just outside of Seoul, in Gyeonggi Province, Korea. “Netflix is thrilled to deepen its investment in Korea, as well as Korean Films and Series,” said Netflix VP Studio Operations Amy Reinhard. 

At YCDSMC - Studio 139, the streamer will lease six stages and supporting spaces of approximately 9,000 square meters. At the Samsung Studio, three stages with approximately 7,000 square meters are set to be leased. “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," Reinhard said.

In five years, the company has invested over USD 700 million on Korean content, with more than 80 Korean shows watched by audiences worldwide. ​These two facilities serve as the continuance of Netflix's investment in Korea’s creative ecosystem. The streamer confirmed its production plans for upcoming Netflix Korean Original Series and Films at the new spaces, including the Korean adaptation of “La Casa de Papel.”

The streaming service highlighted the support they have received for Korean content on behalf of viewers from the U.S., Canada, France, Germany, Qatar, UAE, India, all of who have responded positively to the new Netflix Korean Original Series "Sweet Home," while Korean shows like "Kingdom Season 2," "The King: Eternal Monarch," "Start-Up,"  and "It’s Okay to Not Be Okay" were amongst the most popular TV series in Hong Kong, Thailand, India, Malaysia, Philippines, Singapore, Taiwan, Japan and beyond. 

New Korean stories currently in production and other developments include "Move To Heaven," "Kingdom: Ashin of the North," "Silent Sea," "Squid Game" "Hellbound," "All of Us are Dead," "D.P," among others. Through its multi-year content partnership with CJ ENM/Studio Dragon and JTBC, Netflix is set to introduce some of Korea’s leading entertainment companies.