Netflix CEO says $2.5b investment an ‘opportunity’ for S.Korea ...Middle East

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SEOUL: Netflix’s $2.5 billion investment in South Korea is an “opportunity” for local business, the streaming giant’s CEO said Thursday, as he played down a dispute with local internet companies over network usage.South Korea is one of Netflix’s biggest suppliers of television series and films, and boss Ted Sarandos said it was “investing for the long term” in the country, which has given the company global hits Squid Game and The Glory.Outlining how the $2.5 billion -- announced in April in Washington while Korean President Yoon Suk Yeol was on a state visit -- would be spent, Sarandos praised the “amazing partnership between the Korean creative community and Netflix”.“But I believe we’re j

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