Netflix’s ‘Squid Game’ Success Could Cut Korean Film Industry’s Relaince On China: Korean Filmmaker

Netflix’s South Korean drama “Squid Game” has become the most popular TV series in the platform’s history. It has exceeded 132 million views in only 23 days after its launch and ranked first in more than 90 countries worldwide. A South Korean documentary filmmaker suggests its success could end the South Korean film industry’s reliance on Chinese money. The dystopian series, in which contestants who are deeply in need of money play deadly children’s games to win cash prizes, is the first-ever Korean series to reach No. 1 in the United States, creating almost $900 million in value for the company. About 95 percent of “Squid Game” viewers are outside South Korea. It has been subtitled in 31 languages and dubbed in 13, Netflix said. Korean dramas have long had a large fan base across Asia and have been seen in Europe, Latin America, and the United States through other …

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