Netflix to invest US$496 million Korean content
SEOUL: Global streaming giant Netflix introduced numerous original series and movies planned for 2021, along with its plans to invest US$496 million (550 billion won) in Korean content this year, The Korea Herald reported yesterday.
Netflix held the online press conference ‘See What’s Next Korea 2021’ on Thursday to commemorate the fifth year of Netflix service in Korea.
During the event, Netflix released still scenes of many original series planned for this year and announced the creation of two original Netflix Korean movies, ‘Moral Sense’ and ‘Carter.’
“Korean content has gone across borders and is reaching out to the global audience,” said Kim Minyoung, vice president of content at Netflix.
“For 2021, we will invest approximately US$500 million in Korean content. This is our attempt to create Korean content together and make the Korean production industry grow as a whole. We will do our best to make Korean content known throughout the world.”
In addition, Don Kang, director of content, and Kim Tae-won, director of movies, announced that Netflix will work with Korean producers to create two original Korean movies, ‘Carter’ and ‘Moral Sense.’
‘Carter’ will be an action blockbuster by director Jeong Byeong-gil of ‘The Villainess’ (2017) and ‘Confessions of Murder’ (2012).
“‘Carter’ sprang from the idea of what it would be like for a man who loses all his memory to run away from the moment he wakes till the end of the movie,” said Jeong.
“Moral Sense” will be the first romance genre Korean movie made by Netflix.
Based on the popular webtoon with the same name, the romance will revolve around the relationship between a man with an unusual sexual preference and a coworker who happens to come across the secret.
Netflix also disclosed information on multiple original series planned for the year.
The second season of ‘Love Alarm,’ about an app that rings if someone in the vicinity likes you, will kick off on March 12. Also human drama’ Move to Heaven,’ about trauma cleaners, will premiere within the first half of the year.
‘D.P.’ featuring actor Jung Hae-in and about military police, ‘My Name’ about a daughter entering the police force in order to investigate secrets behind her father’s death, ‘All of Us Are Dead’ that continues the recent Korean zombie tradition, sitcom ‘So Not Worth It’ about multicultural students in a college dormitory, ‘Paik’s Spirit’ with restaurant tycoon Paik Jong-won introducing Korean alcohol and food to guests and stand-up comedy series “Lee Su-geun: The Sense Coach” are all scheduled to show on Netflix within the year.