Ted Sarandos celebrates Netflix’s 10 years in South Korea as Korean titles generate over 12 billion viewing hours. With Tantara, Possible Love and All of Us Are Dead Season 2 on the horizon, K-content remains central to the streaming giant’s global strategy.
Netflix may be navigating corporate turbulence, but in South Korea, the mood is decidedly celebratory. The streaming giant has marked a decade in the country with a star-packed fan festival, impressive viewing figures and a fresh preview of Korean entertainment projects that could keep audiences glued to their screens.
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Netflix co-CEO Ted Sarandos travelled to Seoul for Netflix Janchi, a two-day celebration held on October 24 and 25 at Sangam Oil Tank Culture Park. More than 10,000 fans attended the event in person, while its online broadcasts accumulated approximately 3.58 million views. Actors, creators and some of the platform’s most recognisable Korean stars gathered to celebrate a partnership that has helped transform local entertainment into a global phenomenon.
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The timing was particularly interesting. Netflix has recently faced a major corporate shake-up, including reported leadership changes and layoffs affecting around 1,000 employees. Yet the company’s message from Seoul was clear: Korean storytelling remains a crucial part of its future.
And the numbers explain why.
Netflix’s Korean Content Bet Is Paying Off in a Big Way
When Netflix expanded its ambitions in South Korea, the long-term global impact of Korean dramas and films was far from guaranteed. Today, the country’s entertainment industry has become one of the platform’s most valuable creative engines.
According to Netflix, Korean programming is now its most-watched non-English-language content category. More than 80% of Netflix members worldwide have watched at least one Korean title, demonstrating how far these productions have travelled beyond their home market.
The platform also reported that more than 200 Korean titles have appeared in its global Top 10 rankings since it began tracking the lists in June 2021.
Even more striking is the amount of viewing time involved. Korean productions generated more than 12 billion viewing hours between April 2025 and March 2026, placing South Korea second only to the United States by country of origin.
That is not simply a win for Korean television. It demonstrates how international audiences are increasingly willing to watch stories in languages other than English when the characters, storytelling and cultural appeal connect with them.
For Netflix, this success strengthens the case for investing in regional entertainment that can travel worldwide rather than relying exclusively on Hollywood productions.
Squid Game Continues to Rule Netflix’s Global Empire
If one title helped demonstrate the worldwide commercial potential of Korean entertainment, it was Squid Game.
The survival thriller became a global sensation by combining a visually striking premise with a disturbing examination of inequality, debt and desperation. Its popularity extended far beyond South Korea, turning its cast into international stars and making its imagery instantly recognisable.
Netflix says all three seasons of Squid Game occupy the top three positions on its all-time most-watched non-English-language television list.
That achievement remains a major calling card for the platform’s Korean strategy. It showed that a series rooted in Korean society could generate international conversation without abandoning its cultural identity.
Another Korean title, Teach You a Lesson, has also joined Netflix’s all-time non-English television ranking at No. 10, according to the figures shared by the company.
The larger lesson is that a successful Korean production can become more than a local hit. It can attract subscribers, inspire online discussions, introduce audiences to Korean performers and encourage viewers to explore other titles from the country.
Netflix will naturally want to reproduce that success, although no amount of investment can guarantee that every new release will become the next Squid Game.
Ted Sarandos Celebrates Korea as a Creative Partner
Addressing the Seoul gathering, Sarandos reflected on how dramatically the relationship between Netflix and Korean entertainment has evolved.
“Ten years ago, we dreamed big, but none of us could have imagined that Korean stories would move hearts around the world, and land right at the center of global culture,” he said.
He also emphasised that Korea is more than a market for Netflix, describing it as a treasured partner in the company’s future.
The distinction is important. Rather than treating South Korea merely as a territory in which to sell subscriptions, Netflix has built a relationship with local creators, performers and production teams whose work can appeal to viewers across continents.
The festival brought together familiar faces from the platform’s Korean hits, including Squid Game stars Lee Jung-jae, Lee Byung-hun and Park Hae-soo. Ahn Hyo-seop, known for his voice role in KPop Demon Hunters, also appeared, alongside Jung Hae-in and Koo Kyo-hwan from D.P.
Cast members associated with Hellbound, Mask Girl, Culinary Class Wars and The Trauma Code: Heroes on Call were also represented.
The gathering was therefore more than a birthday celebration. It was a public showcase of the performers and creative teams who have helped make Korean entertainment a central part of Netflix’s international identity.
Possible Love: An Oscar Contender Arrives on Netflix
One of the biggest upcoming titles highlighted during the anniversary celebrations is Possible Love, directed by acclaimed South Korean filmmaker Lee Chang-dong.
The film stars Jeon Do-yeon, Sul Kyung-gu, Zo In-sung and Cho Yeo-jeong. It follows two married couples whose lives intersect, exposing differences in their circumstances, relationships and personal desires.
The project has attracted international attention following its festival appearances, including recognition at Venice. Netflix has scheduled its global streaming debut for November 6, 2026.
Lee’s return to filmmaking is itself a major talking point. Known for character-driven stories and emotionally complex themes, the director brings a different flavour to Netflix’s slate from the high-concept thrillers and genre spectacles often associated with global streaming hits.
The film could also help Netflix strengthen its reputation as a home for internationally recognised cinema, rather than a platform focused only on binge-worthy series.
For viewers, the attraction is straightforward: a celebrated director, an accomplished cast and a story centred on the emotional complications of ordinary lives.
Song Hye-kyo and Gong Yoo Team Up for Tantara
Another major title on the horizon is Tantara, a period drama starring Song Hye-kyo and Gong Yoo.
Set against South Korea’s entertainment industry from the 1960s through the 1980s, the series follows people who pursue success despite difficult beginnings. Song plays Min-ja, who enters the music business after growing up in poverty, while Gong plays Dong-gu, her childhood friend and supporter.
The cast also includes Kim Seol-hyun and Cha Seung-won. The series is scheduled to premiere globally on December 11, 2026.
The premise gives the show an opportunity to explore the evolution of Korean entertainment itself, tracing the ambitions, sacrifices and rivalries that shaped an industry now recognised around the world.
The combination of established stars and a historical setting could make Tantara one of Netflix’s major Korean releases of the year. Its success, however, will ultimately depend on the storytelling and whether audiences become invested in its characters.
All of Us Are Dead Season 2 and Solo Leveling Add More Firepower
Netflix is not relying solely on prestige dramas and established stars. Its upcoming Korean slate also includes projects designed to appeal to audiences who prefer action, fantasy, horror and high-stakes storytelling.
All of Us Are Dead Season 2 is among the most anticipated returning titles. The original zombie drama built an international following through its combination of survival horror, school-based drama and desperate choices under extreme pressure.
The return of the series gives Netflix an opportunity to reconnect with its existing audience while attracting new viewers who discovered the original show later.
The company also previewed its live-action adaptation of Solo Leveling, with Byeon Woo-seok playing protagonist Sung Jin-woo. The project brings another internationally recognised entertainment property into Netflix’s Korean content strategy.
Other titles highlighted at the event included Grand Galaxy Hotel, starring Lee Do-hyun and Shin Si-a, and She, Wolf, featuring Kim Min-ju, Lomon and Moon Sang-min. Release dates for these projects have yet to be announced.
Together, these productions demonstrate the breadth of Netflix’s ambitions in South Korea. The strategy extends beyond romantic dramas and thrillers to encompass adaptations, fantasy adventures, returning franchises and experimental storytelling.
Netflix’s Layoffs Raise Questions, but Korea Remains a Priority
The celebrations in Seoul came amid reported changes within Netflix’s corporate structure, including leadership adjustments and significant job cuts.
That contrast raises an obvious question: how does a company celebrating creative success while reducing its workforce plan to maintain its global content ambitions?
The answer will depend on how Netflix allocates resources, manages production costs and decides which projects deserve continued investment. Job cuts do not automatically mean that a particular content category will lose support, and the Seoul celebration suggests that the company continues to see considerable value in Korean productions.
Nevertheless, Netflix faces pressure to turn audience attention into sustainable business results. High viewing figures are encouraging, but individual projects must still justify their budgets and contribute to the platform’s wider goals.
The company’s next challenge is to maintain the momentum without relying on a small number of runaway hits. Squid Game established a remarkable benchmark, but a durable strategy requires fresh successes across different genres and audience groups.
The Future of K-Content Looks Bigger Than Ever
Netflix’s 10-year milestone in South Korea reflects a broader change in international entertainment. Korean productions are no longer confined to specialist audiences or treated as niche imports. They have become a mainstream part of the global streaming conversation.
For Korean creators, the opportunity is substantial: their stories can reach audiences worldwide while retaining the language, cultural details and creative identity that make them distinctive.
For Netflix, the challenge is to keep discovering those stories, nurturing talent and finding the next production capable of crossing borders.
With Possible Love arriving in November, Tantara following in December and further projects on the way, the platform has a busy Korean release calendar ahead.
The corporate shake-up may dominate headlines for now, but the Seoul celebration delivered a powerful reminder of what Netflix has gained from its Korean partnerships.
Ten years ago, the global reach of Korean entertainment was a bet. Today, it is one of the platform’s strongest creative advantages. The next decade will reveal whether Netflix can turn that advantage into an even deeper and more enduring relationship with audiences around the world.
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