iWorld
K-dramas rank second on Netflix, just behind US content: Ampere research
MUMBAI: South Korean content is delivering knockout streaming figures for Netflix, now accounting for a whopping 17 per cent of the platform’s top 500 non-US shows and films, according to fresh research from Ampere Analysis.
The streaming giant’s Seoul-mates now rank second only to American content for total viewing hours, a relationship that’s proving rather lucrative as Netflix pursues its ad-tier strategy and battles subscriber churn.
In the latter half of 2024, viewers devoured 7.7 billion hours of Korean content—roughly 8 per cent of all Netflix viewing—outpacing entertainment heavyweights like the UK, Japan and Spain. Squid Game Season 2 topped global charts with a staggering 619.9 million streaming hours, while romance drama Love Next Door and cooking competition Culinary Class Wars also cooked up impressive numbers.
The streaming service isn’t playing hard to get, either. Netflix has pledged a cool $2.5 billion to Korean content between 2024 and 2028, having already established relationships with local broadcasting titans CJ ENM, JTBC, KBS, SBS and MBC. Meanwhile, local production capacity continues to expand with facilities like Studio 139 and Samsung Studio now operational.
Korean media powerhouse CJ ENM is riding this global Hallyu wave with gusto, earmarking $818 million for content in 2025 while eyeing international expansion through Netflix exposure, partnerships with global studios, and potentially launching its streaming platform Tving worldwide.
“Korean content plays a pivotal role in Netflix’s international success, driving both breakout hits and sustained viewing time,” notes Ampere Analysis research manager Orina Zhao. “South Korean content owners are well-positioned to capitalise on the global Hallyu phenomenon, maximising worldwide audience reach through strategic distribution and collaborations.”
As the Hallyu wave shows no signs of crashing, Netflix’s Korean romance appears set for quite the happy ending.
iWorld
X launches XChat messaging app on iOS with calls and encryption
Standalone app marks shift from “everything app” vision, adds E2E messaging.
MUMBAI: From one big app to many small chats, X seems to be splitting its ambitions. X has rolled out its standalone messaging app, XChat, to iOS users, opening up a new front in its evolving product strategy. The app allows users to connect with existing X contacts through private and group messages, file sharing, as well as audio and video calls. The launch follows a limited beta phase, where the platform tested the product with a smaller user base to refine the experience. Now available publicly, XChat marks a notable pivot from earlier ambitions championed by Elon Musk to turn X into a single “everything app” combining messaging, payments, commerce and more.
Instead, the company under xAI ownership and backed by SpaceX appears to be building a suite of standalone applications, each targeting specific use cases while expanding its broader ecosystem.
At launch, XChat includes end-to-end encrypted messaging, PIN-based access, disappearing messages, and features such as message editing, deletion for all participants, and screenshot blocking. The company has also said the app is free from advertisements and tracking mechanisms, positioning it as a privacy-first alternative in a crowded messaging space.
However, security claims around the platform are likely to face scrutiny. Earlier iterations of XChat drew criticism from experts who argued it fell short of established encrypted platforms like Signal. With the wider rollout, the app is expected to undergo fresh evaluation to assess whether those concerns have been addressed.
Beyond messaging, XChat will also house X’s Communities feature, which is being discontinued on the main platform due to low usage and spam concerns. Migrating these users could provide an early boost to adoption, effectively turning XChat into both a communication and community hub.
The move underscores a broader recalibration at X less about cramming everything into one app, and more about spreading bets across multiple touchpoints, one message at a time.
