[HanCinema's News] Netflix Stock Prices Hit High Point With South Korean Content Questions Looming

As of this writing, Netflix stock prices are trading at $772.07. This is an all-time high for the streaming platform, and not one many analysts expected prior to the release of Netflix's third quarterly report this year last week. The exact reasons why Netflix has seen an 11% increase in value are difficult to fully quantify. But the issue is one of particular interest to South Korean investors, due to the often understated strength of the platform's South Korean offerings.

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"Queen of Tears" has been a big hit for Netflix worldwide this year, for example. However, there are questions of diminishing returns because it was more expensive than previous Studio Dragon productions created for Netflix. The Studio Dragon deal with Netflix allows the streaming giant to broadcast Studio Dragon programs worldwide even if they're domestically tied to South Korean television networks. In general, this makes them more profit efficient than in-house Netflix productions.

Netflix Korea continues to be aggressive when it comes to funding new screen projects on the peninsula. "Squid Game - Season 2" later this year will likely mark a capstone for an overall strong year, and is a major reason why South Korean stock analysts remain bullish about the value of Netflix stock through to the end of the year. However, such analysts also note that Netflix business decisions and Netflix production decisions are not generally clearly connected to one another.

Written by William Schwartz