Business

Squid Game drives Netflix’s monthly subscriber in S. Korea to record high

September sees 9.8% increase from previous month’s 8.63 million

Updated 4 years ago · Published on 21 Nov 2021 12:30PM

Squid Game drives Netflix’s monthly subscriber in S. Korea to record high
Netflix has recently raised its monthly subscription fees in South Korea, as increased data traffic over Squid Game rekindles controversies with internet service providers over network usage. – AFP pic, November 21, 2021

SEOUL – The number of Netflix’s monthly active users (MAU) in South Korea hit a record high in September from a month earlier helped by the Korean-made mega-hit Squid Game, Yonhap news agency quoted a market research firm today.

The US streaming giant’s MAU in South Korea reached 9.48 million users in September, up 9.8% from the previous month’s 8.63 million users, according to Nielsen Koreanclick. 

September's tally marked the highest since Netflix launched its streaming service in South Korea in 2016.

The MAU appears to have reached 10 million users in October, if the subscriber growth continued.

Netflix has recently raised its monthly subscription fees in South Korea, as increased data traffic over Squid Game rekindled controversies with internet service providers over network usage.

The price hike – the first since 2016 – came amid criticism Netflix has refused to pay for network usage despite increased data traffic.

South Korean internet service providers have accused Netflix of free-riding on their networks despite the huge traffic overload caused by the streaming service.

Dean Garfield, vice-president of global public policy at Netflix, said earlier this month in Seoul he is well aware of controversies surrounding costs from increased network traffic due to a surge of viewers in South Korea.

On Friday, Kim Sang-hee, a vice-speaker of the National Assembly, proposed a Bill that would prevent Netflix and overseas content providers from getting a free ride on the South Korean networks. – Bernama, November 21, 2021

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