NETFLIX ANNOUNCES NEW KOREAN ORIGINAL STAND-UP COMEDY SPECIAL WITH YG ENTERTAINMENT

November 24, Seoul, Korea -- Netflix Inc., the world's leading internet entertainment service, today announced that it is introducing a new Korean Netflix Original Stand-Up Comedy Special with YG Entertainment featuring Yoo Byung-Jae.

Yoo, who is known as an actor, screenwriter, and television personality in Korea, gained popularity when he was a part of Saturday Night Live Korea for four seasons both as a writer and cast member. He is well known for his unique humor and comical acts in Korea, being featured in various TV shows including Infinite Challenge and Flower Crew.

Stand-up comedy is a relatively unknown genre in Korea, and while Netflix is the home for great stand-up comedians around the world, the latest addition in Korea will mean a whole new experience for viewers. The comedy special with Yoo will be shot in early 2018 and be available exclusively on Netflix as an Original Comedy Special. Netflix will also feature BLACK COMEDY in early 2018, another Netflix Original Comedy Special of Yoo's stand-up comedy act that was shot this year.

"We are thrilled to team up with YG Entertainment and Yoo Byung-Jae," said Erik Barmack, Vice President of International Original Series at Netflix. "Our aim is to partner with the boldest and funniest Korean comedy talent and share the laughter with the world."

"We are excited to introduce Yoo Byung-Jae's stand-up comedy on a global platform like Netflix," said a YG Entertainment representative. "This will be a great opportunity for Korean comedy to expand towards the global markets."

Yoo Byung-Jae's Original Standup Comedy Special will be available exclusively on Netflix globally in over 190 countries in 2018. Netflix currently has 109 million members around the world.

About Netflix

Netflix is the world's leading internet entertainment service with over 109 million members in over 190 countries enjoying more than 125 million hours of TV shows and movies per day, including original series, documentaries and feature films. Members can watch as much as they want, anytime, anywhere, on nearly any internet-connected screen. Members can play, pause and resume watching, all without commercials or commitments.

About YG Entertainment

YG Entertainment maintains the capability for unmatchable new development and production. Since 1996, YG Entertainment has produced the leading artists, such as Jinusean, 1TYM, SE7EN, BIGBANG, 2NE1, Lee Hi and etc., to the music world. YG Entertainment is expanding its diversified contents business model. YG is leading the initiative for digital music that can be adapted to a variety of platforms and devices, going beyond the basic album and concert activities.