Production company Studio S is currently negotiating potential second seasons for three of its successful Netflix K-dramas. The company is actively considering renewals for My Royal Nemesis, Agent Kim Reactivated, and Phantom Lawyer, as reported by the Korean news outlet Munhwa.
Agent Kim Reactivated’s 23% viewership milestone
The thriller Agent Kim Reactivated stands out as a primary candidate for renewal due to its massive domestic success. According to the report , the series achieved a significant 23% viewership rating in Korea, signaling a strong appetite for more content in this universe.
The ongoing webtoon that serves as the basis for Agent Kim Reactivated provides ample material for a secnod season. Since the original K-drama only spanned 10 episodes, creators have a significant amount of unadapted story arcs to explore in future installments.
Shin I-rang’s ghostly connections in Phantom Lawyer
Phantom Lawyer offers significant potential for an episodic second season following its 16-episode run. The series concluded with the protagonist, Shin I-rang, retaining his uniquue ability to communicate with the deceased, which opens the door for new supernatural cases involving different clients.
Director Han Tae-seop’s body-swap pitch for My Royal Nemesis
Director Han Tae-seop has already proposed specific creative directions for a potential My Royal Nemesis sequel. In an interview with The Chosun Daily, the director suggested a body-swap narrative involving lead actors Lim Ji-yeon and Heo Nam-jun.
This high-concept approach could move the franchise away from the established romantic conclusion of Seo-Ri and Se-gye. Such a shift would allow the studio to explore new comedic territory while maintaining the popularity of the exiisting cast.
The 2026 K-drama surge led by Studio S
Studio S has established itself as a dominant force in the 2026 K-drama market through a string of high-performing releases. Beyond the three titles currently in talks, the studio has previously produced hits like Sold Out on You and Our Sticky Love.
This success occurs amidst a broader trend of K-drama dominance on Netflix. Other notable 2026 releases mentioned in the report include Teach You A Lesson, which reached the platform's all-time top ten, and the thriller Bloodhounds Season 2.
The unconfirmed renewal status of the Studio S trio
Netflix has not yet officially greenlit the second seasons for My Royal Nemesis, Agent Kim Reactivated, or Phantom Lawyer. While Studio S CEO Hong Seong-chang has confirmed that talks are active, no final agreements have been announced.
It remains to be seen whether Netflix will commit to full-length sequels or opt for different formats, such as spin-offs. the industry is currently waiting for official announcements to confirm if these high-rated series will return to the platform.
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