Photo: Disclosure / CJ ENM
Netflix is bringing more and more South Korean content to the platform, and a new partnership signed with CJ ENM and its subsidiary, Studio Dragon, promises even more releases.
It was announced on Thursday (31) that a three-year contract was signed between the companies, which aims to create new Korean productions for the Original Netflix label. The partnership will start in 2020.
In recent years, Netflix has been working with products licensed by Studio Dragon, broadcasting dramas such as Stranger, Memories of the Alhambra, Romance is a Bonus Book, Arthdal Chronicles and Mr. Sunshine globally on its platform.
In addition to new content, the partnership may also mean that the studio’s older Korean dramas are also globally distributed by Netflix, such as Goblin, Voice, Search: WWW and Because This is My First Life, many of which are already available on Netflix from others countries, but have not yet arrived in Brazil.
Choi Jin Hee, CEO of Studio Dragon, says in a press release: “Today’s announcement expects South Korea’s story and content production to be more loved around the world. Studio Dragon will strive to become a major global studio. “
It was also announced that CJ ENM reserves the right to sell up to 4.99% of its Studio Dragon shares to Netflix. Nothing has been decided so far.