Netflix Commits to $2.5 Billion Production Spend on Korean Content

With HBO‘s “Succession” ending at the end of the month, it’s time for its cast to start thinking about future projects. In Sarah Snook‘s case, she tries her hand at horror in the upcoming Netflix film “Run Rabbit Run,” which had its premiere at Sundance earlier this year.

Manuel García-Rulfo has been cast in the title role of Netflix’s Spanish-language film Pedro Páramo. Shooting has begun on the Mexican film, which marks cinematographer Rodrigo Prieto’s directorial debut.

Netflix’s first upfront presentation to advertisers will be a virtual event. The streamer sent notes to attendees this evening to inform them of the last-minute shift. It is the first 2023 upfront event to pivot to a remote format.

Netflix has joined the rest of the major studios and streamers in putting its term deals — overall and first-look — on hold amid the writers strike.

Since they began throwing people around the world into fits of laughter with several Netflix comedy specials and global stand-up tours, fans have become curious about Hannah Gadsby’s net worth.

Daredevil: Born Again, Marvel’s upcoming revival on Disney+, is the latest New York-based TV series whose production has been disrupted by the WGA strike.

Bronny James, LeBron James’ son, has committed to playing basketball at USC.

Naman Ramachandran India is the fastest growing market market in the world for giant streamer Netflix and Monika Shergill, VP, content, for the country, has a clear plan to keep the trajectory going. “A healthy streaming business, according to us, has to be built on the strong fundamentals of engagement, where we are doing very well, and revenue and profit as a global service. We are a profitable service – in many of our markets, we are on the path to profitability,” Shergill told Variety. Earlier this year, Netflix co-CEO Ted Sarandos had said that content watching grew by 30% last year in India and revenue grew by 25%. In a subsequent earnings call, Sarandos addressed the importance of pricing in India, saying: “We’ve got to get pricing and the main payment methods right.”

232.5 million subscribers globally as of the first quarter of 2023, including 77.37 million in its Europe, Middle East and Africa (EMEA) region. EMEA revenue declined 6% year over year to $2.5 billion during the quarter and average revenue per user for the region came in at $10.89.“It is hugely welcome to see Netflix significantly increase its investment in the UK, demonstrating the sheer strength of our TV and film industry as the largest in Europe.

Netflix will have invested almost $6BN in UK content over four years by the end of 2023, the streamer has revealed.

EXCLUSIVE: Julia Hart is set to direct an adaptation of the Samantha Downing novel The Lovely Wife at Netflix. Hart will also co-write the script with Jordan Horowitz, who is producing along with Automatic, Vertigo and OHQ.

K.J. Yossman Keira Knightley is set to star in Netflix series “Black Doves,” the streamer unveiled today. Written by “Giri/Haji” showrunner Joe Barton, the drama will see Knightley star as Helen, a woman with a secret identity who embarks on a passionate affair. When her lover falls victim to London’s shadowy underworld, Helen’s employers send an old friend, Sam, to protect her. The two of them soon embark on a high octane adventure set against a backdrop of diplomatic tension and Christmas. “‘Black Doves’ is the story of two old friends coming back together, finding trust in one another in a world where trust can get you killed and, ultimately, changing the course of each other’s lives forever,” reads the logline.

Naman Ramachandran A galaxy of senior Indian content creators shared their insights on burning topics dominating the local landscape. They were speaking at at Indiantelevision.com’s annual industry event, The Content Hub, in Mumbai on Tuesday. At the Content Creation: No More Formulas panel, Shobha Sant, head of content alliances at Jio Studios, broke down the process behind the selection of its 100-title slate. Sant said that the selection was the result of five years of very a definite plan in terms of understanding audience segmentation and what people are watching.

Variety. “We were also inspired by the President’s love and strong support for the Korean entertainment industry and fuelling the Korean wave.”“It is incredible that the love towards Korean shows has led to a wider interest in Korea, thanks to the Korean creators’ compelling stories.

Netflix has said it will invest $2.5BN in South Korean series, films and unscripted shows over the next four years.

Sarandos said. “I have no doubt that our investment will strengthen our long-term partnership with Korea and Korea’s creative ecosystem.”Sarandos says the sum is double what Netflix has spent in Korea since 2016.

Netflix for depicting Cleopatra as a Black woman in a new documentary.al-Semary filed a case with the Public Prosecutor to shut down the streaming service in Egypt, following the release of the trailer for Queen Cleopatra – you can watch it below.As reported by Egypt Independent, the lawyer has demanded that serious legal action be taken against those responsible for the making of the documentary.The case claims that the documentary contradicts and distorts Egyptian history in favour of promoting Afrocentrism.al-Semary described the new depiction of the historic figure as a “crime”, and blamed Netflix’s management team for its participation in the project. He also demanded a thorough investigation of the process, as well as an outright shutdown of Netflix in Egypt.The case submitted against Netflix stated: “Most of what Netflix platform displays do not conform to Islamic and societal values and principles, especially Egyptian ones.”It added: “In order to preserve the Egyptian national and cultural identity among Egyptians all over the world there must be pride in the makings of such work.”The complaint has also accused the makers of the documentary and platform management of “forgery”.Former Egyptian Antiquities Minister Zahi Hawass said that documentary was “falsifying facts”, adding that “This is completely fake.

Patrick Frater Asia Bureau Chief Jung Ho-seok, better known as J-Hope, Tuesday became the second member of K-pop sensation BTS to join the Korean military. Approaching his 30th birthday, J-Hope attended an army camp at Wongju, south of Seoul, and is expected to begin five weeks of basic training there. Local news agencies reported a small crowd of fans, seemingly outnumbered by assembled journalists, waited outside the camp to wish him well. Their number was reported to be diminished by bad weather. Earlier, J-Hope had posted on the Weverse fandom platform words of encouragement and a pair of photos revealing his newly-shorn hair. “I love you all. ARMY, I will return safely,” he wrote. ‘Army’ in that sense is a reference to BTS’s legion of fans, rather than the Korean military services.

Netflix Orders Season 2 Of ‘Rana Naidu’

Patrick Frater Asia Bureau Chief The battle for corporate dominance of K-Pop has become a drama that never stops giving. After the acrimonious takeover battle between BTS-backer Hybe Corp. and tech giant Kakao for control of SM Entertainment, Korea’s financial regulators are probing the deal-making that eventually led to Kakao’s victory. Korea’s Financial Supervisory Service raided the offices of SM Entertainment on Tuesday, according to the Yonhap news agency. Investigators were looking for evidence of stock price manipulation between February and March when the two camps were skirmishing.