K-drama stocks fall as Netflix to curb spending on films, shows

April 20, 2022 12:16 PM

SEOUL (BLOOMBERG) – K-drama stocks, or shares of Korean drama production studios, slid on Wednesday (April 20) as Netflix said it will curb its spending on films and TV shows after reporting its first subscriber loss in more than a decade.

Source : https://www.straitstimes.com/business/companies-markets/k-drama-stocks-fall-as-netflix-to-curb-spending-on-films-shows