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According to Ampere Analysis, the streamer saw consistent growth within the region, in contrast to North America and Western Europe, where growth has been slower with occasional subscriber decline.

Format Lab Fund won 5 consecutive years of finance, and the Sales agency also won a Format Production Fund.

It will replace TVI Ficção, a thematic cable TV channel that airs soap operas, sitcoms and series. A request for a licence has already been submitted to the Regulatory Entity for Social Communication.

The creator, writer and director Hwang Dong- hyuk and the protagonists Lee Jung- jae and Wi Ha- Jun will be in the Italian city to meet fans and to reveal details about this new second.

The collaboration will explore diverse co-production opportunities, including working with Taiwanese producers and production companies.