‘Squid Game’ Powers Netflix in Heated Korean Streaming Wars as Tving Closes Gap, New Data Reveals
Last year, it was found that viewers in Korea watched a staggering 131 billion minutes of high-tier VOD content, representing an impressive 18% increase from the previous year (2023). This surge led to a revenue generation of $2 billion, a 14% rise compared to the same period last year. Moreover, the number of subscriptions soared to 22.9 million in total.