The price of an extra home varied from country to country, but didn't cost more than $2.99 USD in any location. Customers in Argentina, El Salvador, Guatemala, Honduras and the Dominican Republic were asked to pay a fee for regularly using their account outside of their home.
NETFLIX PLANS 2023 FREE
Netflix maintains that it has a technological solution: the Open Connect system that reduces the impact of heavy video traffic on ISPs’ infrastructure, which it is willing to provide free of charge to operators.Īcknowledging a symbiotic relationship between related industries, and accepting that consumers want to watch content with efficient Internet speeds, Sarandos said, “We focus on what we do the best and create a better ecosystem to raise all vaults for everybody.” The Open Connect system, which Netflix spent $1 billion developing, has 18,000 servers at 6,000 locations in 175 countries, he said.Netflix first started testing the ability for users to purchase additional "homes" to add to their account last July. Sarandos also addressed the calls by a major Korean Internet service provider for Netflix to pay it a “network fee,” an issue which has a substantial degree of political support in Korea and is one of the trickiest aspects of its significant position in the Korean media-entertainment industry. “Not all shows have to go global, so instead of focusing on that, audience satisfaction is key,” said “ Squid Game” executive producer Kim Jiyeon. Another highlighted Korean audiences’ strong dislike of product placement, which they felt has become intrusive and distracting.
However, Byun brought up questions of sustainability and an increase in profit-sharing for creators. Panel members said that they felt Netflix allowed them to be innovative and that they appreciated its marketing strengths. The VFX discussion included Daniel Son, CEO of Westworld, and Hong Sunghwan, head of Scanline/Eyeline Studios. Sarandos was joined by Lim Seung-yong, CEO of Yong Films Kim Jiyeon, CEO of Firstman Studio Byun Seungmin, CEO of Climax Studios and Kim Su-ah, CEO of Shijak Company in the first panel. The press event also included two fireside chats, one with production partners and the other with VFX partners. One six-month session has already been held and four more will run through 2025. Within the country, Netflix also runs N Production Story, a training program that covers multiple aspects of production, including VFX. He predicted that between 20, a fifth of Netflix’s Korean titles will come from a first-time director or writer. Sarandos’s agenda in Korea also has him meeting with students, potential screenwriters and emerging directors. Netflix is working with the Korean Video Promotion Association to help young creators gain experience in the production industry. “You’ll see the investment in the ecosystem, in front and behind the camera, including training, to grow the industry,” said Sarandos.
“We have a lot of licensed films, but going forward we want to invest in more original films,” Don Kang, VP of content for Korea, echoed. It has recently enjoyed major success with reality-survival show “Physical 100” and is heading towards a third season of “Singles Inferno.”
NETFLIX PLANS 2023 SERIES
While the lineup has chiefly focused on drama series and films, Netflix is increasingly making Korean unscripted shows. Over a few years, the company has expanded its role in the Korean industry from licensor and co-producer to commissioner and producer of a large slate of originals, including recent hits “The Glory” and “All of Us Are Dead.”
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