[News Analysis] Experts, industry insiders have mixed reactions to Netflix's investment pledge
TelevisionApr 26, 2023
Netflix chief Ted Sarandos’ decision to invest $2.5 billion in Korean content for the next four years made headlines across local media outlets on Tuesday. The announcement represented South Korean President Yoon Suk Yeol’s first major accomplishment on his US state visit. According to the Ministry of Foreign Affairs, President Yoon said he “sincerely welcomed the unprecedented investment” made by Netflix. But some speculation remains as to whether Sarandos’ announc