Korean content's growing popularity boosts Netflix 2Q earnings growth

Also on Netflix.

Korean content reportedly pushed up profits for this streaming service during the second quarter.

According to Netflix officials original animation "KPop Demon Hunters" and drama series "Squid Game" Season Three were among the screen productions that led to better-than-expected earnings.

In fact revenue rose almost 16 percent in the second quarter on year amounting to over 11 billion U.S. dollars.