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Netflix to invest $2.5 billion in South Korean programming

Ticker News ·
Ticker News
Ticker News

South Korean President Yoon Sock-yol sat down with CEO of Netflix to announce a landmark agreement that will change what you stream. The streaming giant will invest $2.5 billion in South Korea over the next four years. Netflix will produce Korean TV series, movies and unscripted shows, doubling its investment in the market since 2016.