Netflix to strengthen original series, films in and from Asia

epa05398313 Reed Hastings (L), CEO of Netflix, and the company's chief content officer Ted Sarandos speak at a media event in Seoul, South Korea, 30 June 2016. They said Netflix will provide more South Korean content, targeting the large following in China of K-dramas. The company has invested 50 million US dollar in the new film 'Okja' with South Korean director Bong Joon-ho, scheduled for release next year.  EPA/YONHAP SOUTH KOREA OUT

 

Seoul / AP

Netflix plans to expand its Asian offerings to its subscribers around the world by tapping more creators in Asia.
Netflix chiefs said on Thursday that the US streaming service company is looking at many projects throughout Asia, including original series by Asian creators.
Netflix invested in South Korean filmmaker Bong Joon-ho’s upcoming movie “Okja,” its first Korean film project slated for launch next year.
It is also spending more to buy rights to distribute Korean drama. Starting this summer, subscribers in the U.S., Canada and Latin America will be able to watch “The Descendants of the Sun,” which was a blockbuster hit in China earlier this year.
Netflix has 81.5 million subscribers. It expects growth would come mostly from overseas.

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