
The Korean union is attempting to meet with Netflix over labor concerns that are similar to the issues of currently striking actors. This includes the topic of pay and residuals. According to the union, Netflix does not pay its Korean actors any residuals whatsoever and pays its South Korean employees significantly less than their American counterparts. Union president Song Chang-gon says that Korean actors earn less when working on Netflix productions compared to Korean shows, as they are paid per episode (beginning at $300 for each) for fewer episodes — despite the work being more labor-intensive.
The pay discrepancy is particularly foul given how much Netflix has benefited from its South Korean content. Around 60% of the platform's streamers watch Korean titles, a fact that Netflix plans to capitalize on by investing $2.5 billion for South Korean content over the next four years. This is in addition to the $500 million it invested in Korean titles in 2021 and the $700 million it invested in 2016.