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Netflix announces $2.5-billion investment in S. Korea to make TV shows, movies

21 Sept 05:14 Key points summarised by AI

Netflix plans to invest $2.5 billion in South Korea over the next four years to produce Korean TV series, movies, and unscripted shows, doubling its previous investment in the market.
The announcement, made after a meeting with South Korean President Yoon Suk Yeol, aims to capitalize on the global success of the 'Korean Wave' (Hallyu) and boost the country's content industry and cultural exports.

Today 12:56 Key points summarised by AI

President Macron condemned widespread rioting and looting during nationwide protests, blaming far-left activists and criminals for the "unrestrained violence" and vowing accountability for those who "sought to bring down the Republic."
Over 2,400 arrests were made as protests against rising living costs and poor school conditions escalated, causing extensive damage to public buildings and businesses in cities like Paris, Limoges (where City Hall burned), Marseille, and Lyon.
The unrest, which organizers hoped would revive the "yellow vest" movement, saw political leaders trade blame, with Macron instructing prefects to protect public buildings and potentially ban future protests to prevent further disorder.