Korean television and film content has exploded in recent years, and as the country emerges from the COVID-19 pandemic, 2023 is shaping up to be a complex year for Korean media as the industry undergoes major changes.

The decade started off with a bang when Bong Joon-ho's “Parasite” won Best Picture at the Academy Awards in 2020, and “Squid Game” became a global phenomenon in 2021, clocking up 1.65 billion hours of viewing in 28 days after its release on Netflix. In 2022, diverse South Korean content resonated with audiences overseas, such as “All of Us Are Dead” and “The Extraordinary Attorney Woo.”