The Korean drama and film industry is facing a major crisis. This podcast episode explores how the 'Netflix effect' has transformed the industry, leading to a decline in opportunities for new talent (newbies) and the disappearance of web dramas and original IPs. We discuss the challenges faced by the industry, including the concentration of resources on blockbusters and the lack of pathways for emerging filmmakers and actors. Is this the peak of Korean content, or the beginning of its collapse? Join us to find out
---

This is a global podcast created by August, a media newsletter run by Korean experts. The original content was written in Korean and we produced it in English with the assistance of Google Notebook LM. If you'd like to read more articles and see the original Korean version, please find the links below.

Original Newsletter (in Korean) : https://august.stibee.com/

Global Newsletter (in English) : https://substack.com/@thekscoopseoulofficeview