Weak Hero Class 1 will change platforms, leaving Korean streaming giant WAVVE for Netflix. Multiple sources have revealed that the producers of Weak Hero Class 1 season 2 are considering releasing the series on Netflix. This is a rare and unusual case where season 1 was released on WAVVE while the following season is planned for Netflix.
This change is largely attributed to WAVVE’s operational difficulties, which have prevented the platform from further investing in original content. WAVVE recorded an operating loss of 121.7 billion KRW (around 91 million euros) last year and accumulated a deficit of 79.7 billion KRW in the third quarter of this year. Despite continued investments in original content, WAVVE has struggled to achieve significant returns.
These internal issues at WAVVE impacted the production of Weak Hero Class 1 Season 2. Weak Hero Class 1, released last year, was one of WAVVE’s most successful pieces of content. Faced with capital issues, the decision to change platforms was made, and Netflix had no reason to decline the series’ already somewhat assured success. After lengthy discussions between WAVVE and the production company, negotiations are reportedly in their final stages.
In response to these developments, a Netflix representative said, “It is true that we are discussing the matter internally. However, as we are not yet able to make a decision, we ask that you understand that it is difficult to provide an answer at this stage.
Based on a webtoon of the same name, Weak Hero Class 1 follows the story of Yeon Shi Eun, a to top-1% model student who seems fragile but stands up against injustice. The series was well received, winning the Best Streaming Platform Kdrama category at the 5th Asia Contents Awards and Global OTT Awards. The script reading for season 2, marking the start of its production, took place on the 1st of the month.