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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Netflix, Inc.    NFLX

NETFLIX, INC.

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NETFLIX : ANNOUNCES THE KOREAN ADAPTATION OF ITS SPANISH ORIGINAL SERIES "LA CASA DE PAPEL"

11/30/2020 | 07:06pm EST

Entertainment

30 November 2020
GlobalSouth Korea (Republic of Korea)
THE HEIST COMES TO KOREA Netflix announces the Korean adaptation of its Spanish original series La Casa de Papel

Seoul, 1 December, 2020 -- Netflix announced an exciting new original series project, the Korean adaptation of its beloved Spanish original series La casa de papel.

Set on the Korean peninsula, the Korean adaptation of La casa de papel will be directed by Kim Hong-sun, who has helmed TV dramas like The Guest, Voice, and Black and is known as a giant in the fantasy crime genre. Ryu Yong-jae and his team, whose credits include the Netflix original series My Holo Love and tvN series Psychopath Diary, will be the screenwriters for the show. The production is a collaboration between BH Entertainment and Contents Zium.

Alex Pina, Creator and Executive Producer of La casa de papel said: 'Korean creators have been developing their own language and audiovisual culture for years. They have managed, like our series, to go beyond cultural borders and become a point of reference for thousands of viewers around the world, especially among young people.' He added, 'That is why I find it fascinating that the world of La casa de papel is so attractive to Korean creators as to do an adaptation. The fact that the action is set on the Korean Peninsula also seems to me to be a milestone which I am really delighted about.'

Since Part 1 premiered in 2017, the heist of La casa de papel has been storming the world. More than 65 million member households chose to watch Part 4 of the Spanish language series in the first four weeks of its release in April 2020, and the 5th and final part of La casa de papel is currently in production.

The international popularity of the Spanish series La casa de papel is proof that significant works based in different cultures and languages can be widely distributed by Netflix and loved by audiences worldwide. With its production of 12 episodes of the Korean adaptation, Netflix is expected to breathe new life into the familiar storyline and bring the material afresh to global audiences.

More information about the heist in Korea will be announced at a later date.

Creative talent head shots available here. (Please download headshots)

About Netflix:

Netflix is the world's leading streaming entertainment service with over 195 million paid memberships in over 190 countries enjoying TV series, documentaries and feature films across a wide variety of genres and languages. Members can watch as much as they want, anytime, anywhere, on any internet-connected screen. Members can play, pause and resume watching, all without commercials or commitments.

Disclaimer

Netflix Inc. published this content on 30 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 December 2020 00:06:00 UTC


© Publicnow 2020
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Financials (USD)
Sales 2020 24 963 M - -
Net income 2020 2 862 M - -
Net Debt 2020 8 566 M - -
P/E ratio 2020 89,6x
Yield 2020 -
Capitalization 248 B 248 B -
EV / Sales 2020 10,3x
EV / Sales 2021 8,56x
Nbr of Employees 8 600
Free-Float 98,4%
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Mean consensus OUTPERFORM
Number of Analysts 44
Average target price 603,23 $
Last Close Price 561,93 $
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Wilmot Reed Hastings Chairman, President & Co-Chief Executive Officer
Theodore A. Sarandos Co-CEO, Director & Chief Content Officer
Gregory K. Peters Chief Operating & Product Officer
Spencer Adam Neumann Chief Financial Officer
Adriane C. McFetridge Engineering Director
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