Squid Game, the South Korean thriller, has gained worldwide consideration on Netflix. However, behind its success lies a troubling story of the present’s creator, Hwang Dong-hyuk, and his lack of truthful compensation. According to a Los Angeles Times report, whereas the collection propelled South Korea’s content material manufacturing, considerations have arisen about labor practices and the absence of residuals for skills like Hwang.
Initially rejected by native distributors, Squid Game discovered assist in Netflix, which took a danger on the unconventional collection. Despite a modest finances of about $2.4 million an episode, the nine-part collection elevated Netflix’s worth by an estimated $900 million.
Squid Game debuted in September 2021 and have become a world sensation. It achieved record-breaking viewership, surpassing 100 million viewers at launch and accumulating over 1.65 billion viewing hours in simply 28 days. It additionally boosted Hwang’s profile, however disadvantaged him of serious monetary rewards as a result of relinquishing mental property rights and the absence of residuals.
Netflix attributes duty for truthful therapy to native manufacturing companions. However, trade employees argue that situations on Netflix productions mirror these of different Korean productions. Reports of unpaid labor, lengthy hours, and understaffed productions have surfaced, echoing trade points.
Despite considerations, South Korea’s reliance on Netflix grows. Some worry that native manufacturing firms have restricted leverage to barter improved situations as a result of Netflix’s capability to create international hits at minimal prices.
Unions urge Netflix to handle these points, calling for collective bargaining. However, present authorized obligations for negotiating with unions don’t prolong to Netflix’s content material manufacturing mannequin.
As the recognition of Squid Game continues, the necessity to handle truthful compensation for its creator and the trade turns into obvious.
Netflix just lately revealed the forged for Season 2 of Squid Game.
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