Korean Dramas Dominate Netflix: 7.7 Billion Streaming Hours in 2024

April 14, 2025
Korean Dramas Dominate Netflix: 7.7 Billion Streaming Hours in 2024
  • Ampere's analysis reveals that over half of the top 100 South Korean titles on Netflix during this period were originals, with 31% being exclusive to the platform, primarily produced by CJ ENM.

  • In the latter half of 2024, South Korean shows amassed an impressive 7.7 billion streaming hours on Netflix, accounting for approximately 8% of all viewing on the platform.

  • During this period, Korean dramas and films represented 17% of Netflix's top 500 non-U.S. titles, showcasing their growing popularity.

  • According to Ampere Analysis, South Korean content has consistently contributed 8% to 9% of total viewing hours on Netflix since 2023, significantly outperforming content from the UK and Japan.

  • To bolster its offerings, Netflix has committed $2.5 billion to Korean content from 2024 to 2028, supporting the growth of original productions.

  • Local producers like CJ ENM are also expanding their global footprint, with an ambitious budget of $818 million for 2025 and partnerships with international studios.

  • The global Hallyu phenomenon is enhancing the international reach of South Korean content, allowing for strategic partnerships that increase its popularity.

  • Leading the charge in viewership, "Squid Game: Season 2" topped Netflix's global charts in the second half of 2024, achieving nearly 620 million streaming hours.

  • Other successful titles include the romance drama "Love Next Door: Season 1" and the cooking reality show "Culinary Class Wars: Season 1," alongside older hits like "Crash Landing on You."

  • Netflix collaborates with local broadcasters such as JTBC, KBS, SBS, and MBC for licensing and distribution, further solidifying its presence in the South Korean market.

  • Despite fierce competition from U.K. hits and the rise of Japanese anime, Korean content continues to maintain a robust viewer base on Netflix, consistently outperforming both.

  • Overall, South Korean content is a pivotal factor in Netflix's international success, driving both breakout hits and sustained viewership.

Summary based on 2 sources


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