SEOUL -- Netflix will invest $2.5 billion in South Korean movies, series and other content over the next four years, the company said on Tuesday, strengthening its partnership with the country's entertainment industry after the global success of "Squid Game," "The Glory" and "Physical: 100."
Media & Entertainment
Netflix to invest $2.5bn in South Korean films, series programs
Streaming service bolsters ties with country's roaring entertainment sector
South Korean President Yoon Suk Yeol, left, speaks next to Netflix co-CEO Ted Sarandos during a news conference in Washington. © Yonhap/Reuters
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