South Korea

Korean streamers to merge to take on global competitors

South Korean streaming platforms TVing and Seezn are to merge in a bid to oppose OTT rivals such as Netflix. CJ ENM, which is behind global hit game show format I Can See Your Voice and Bong Joon-ho’s Oscar-winning thriller Parasite, is the 57% majority owner of TVing, with the service spun off from the company in 2020, […]

ViacomCBS’s Paramount+ to launch in South Korea in partnership with CJ ENM

US-based ViacomCBS has struck a comprehensive global partnership with South Korea’s CJ ENM, which includes co-productions for original series and films, content licensing and distribution across both company’s streaming services. As a result, ViacomCBS (VCBS) streamer Paramount+ is to launch in South Korea next year as part of an exclusive bundle with CJ ENM’s own […]

South Korea emerges as major VOD player

South Korea has begun to emerge as one of the leading transactional video on demand markets in the world.  According to research from Futuresource, the ability for users to rent recent cinematic releases is routine in the country which is now serving for a relevant case study for a Western world in lockdown. The closure […]

Netflix subs up almost 200% in South Korea

Subscriptions to Netflix in South Korea have risen by 192% year-over-year. According to smartphone app service market research company Wiseapp, subscriber numbers in the country have nearly tripled to reach 1.84 million. This is a significant increase when compared with June 2018’s subscriber count of 630,000. The majority (38%) of South Korean Netflix subscribers are […]

Netflix now available on LG U+ set-top boxes in South Korea

Netflix is set to launch on IPTV set-top boxes in South Korea for the first time after the SVOD giant stuck a deal with local telecoms operator LG U+. The deal will give viewers access to Netflix on the U+tv set-top box from November 16, with LG U+ customers able to access the service through […]

ATSC completes 3.0 standards and launches at CES

The US Advanced Television Systems Committee (ATSC) has approved the final elements that complete the ATSC 3.0 suite of next-generation TV standards. The ATSC announced the release of ATSC 3.0 at CES in Las Vegas. According to the body, the new standards provide broadcasters with ew market opportunities through enhanced transmission and reception functionality and […]

A+E Networks eyes ‘meaningful presence’ in South Korea

A+E Networks is looking to grow its presence in South Korea, launching History and Lifetime in the region as well as setting out further production and distribution goals. A+E execs announced that the launch of A+E channels History and Lifetime in South Korea today and described intentions to invest further in the region through local […]

Korean networks launch US on-demand service

South Korean three largest networks – KBS, MBC and SBS – have jointly launched a subscription on-demand platform in the US. The trio has formed KCP Global, a venture that houses the new SVOD service, Kocowa. This will offer subscribers streamed South Korean entertainment programming and K-pop shows. Shows will be made available subtitled into […]

Scripps expands HGTV to South Korea

Scripps Networks Interactive is further expanding its global home and lifestyle channel HGTV with a new launch in South Korea. HGTV will be immediately available in the region, on TV channel KT olleh, as what’s being billed as the first-ever regional channel dedicated exclusively to the home and lifestyle category in Korea. Over the past […]

Netflix orders first Korean original

Global SVOD service Netflix has commissioned its first original from South Korea, a twelve-part series based on a popular local comic strip. Love Alarm is based on graphic novelist Kye Young Chon’s romantic comic book tales, and has new production company Hidden Sequence attached to produce. A Korean original has been a Netflix priority for […]