Netflix, the U.S. based content and media giant is expected to come to Korea early in 2016, signifying a possible shift in how Koreans watch TV and a possible catalyst for Korean programs to reach a global audience.
The streaming-service video content provider has announced an aggressive expansion plan into Asia in the next year, with the introduction of its service to Japan in September.
However, skeptics wonder whether Netflix has the ability to succeed in Korea, known for its finicky consumers.
Netflix has grown in part to its signature original series such as “House of Cards” and “Orange is the New Black”, series that are highly popular worldwide though relatively unknown here. Netflix has also promised to also include original Korean content as part of its deal to enter the market.
Korea also has an established VOD system in place and some wonder whether consumers will want to pay for its services, as many consumers here aren’t used to paying for content.
Whether Netflix can cut costs in content delivery and lower its spending for network usage is also key according to industry insiders.
Netflix operates in more than 50 countries with a subscriber base of 65 million, of which 23 million are outside of the US. It aims to expand into every significant global market — including China and India — by the end of 2016 according to CNBC.
The Latest Haps
Discontent with the current president Park Geun-hye has apparently spread to her father.
A court in Guam has sentenced a Korean Air passenger who pleaded guilty to fighting with a flight attendant after being refused a beer, to more than two years in prison.
A massive morning fire yesterday has injured two fire fighters and burnt more than 500 stores in the largest traditional market in Daegu.
Some female cast members of SNL Korea are under fire after a video of them sexually grabbing a popular K-pop boy bands genitals has sparked outrage on Korean social media.
The City of Busan has released its newest branding film entitled “Busan Brand Film” in hopes of promoting the city domestically and internationally.
As an international traveler, you are used to the idea of various countries using different measures to refer to the same thing.
The annual Busan International Women’s Association’s “Christmas Bazaar” returns once again Saturday, December 3, from 10:00 a.m. to 4:00 p.m. at the Haeundae Grand Hotel 2nd Floor.
Mark your calendar: “Movember” has returned and HQ Gwangan is rewarding all those involved with a big bash at the beginning of December.
Convenience store 7-11 has rolled out a nutritious option to its quick food grab line with a “Red Ginseng Chicken Breast” triangle kimbap.
Burger & Pasta will open their newest location in Seomyeon in mid-December according to the company.
Busan has a ton of great attractions to meet your tourist needs. Dynamic Busan Magazine introduces a few great places to get you started.
Here’s a look at some festivals going on around the nation this December if you’re looking to get out and about.
South Korea’s Incheon Airport has successfully finished an onsite ‘Experience the Wonders of Korea’ campaign as a part of 2016 Brand communication campaign for foreign passengers.
Busan Sports Council says that it will test-operate the Busan Indoor Tennis Facility in Sajik-dong for free starting today for 16 days to celebrate its opening.
Just in time for the Pyeongchang 2018 Winter Olympics, the South Korean luge team is about to get a German import.