SEOUL, June 7 (Korea Bizwire) — The popularity of short-form content, consisting of videos up to 10 minutes in length, is leading to changes in the production practices of video platforms and streaming services, a report showed Tuesday. TikTok’s influence has not only impacted the format of content consumption but has also affected the duration [...]
SEOUL, Dec. 20 (Korea Bizwire) – South Korean game companies are expanding their scope of business towards content like TV dramas, webtoons and web novels, encouraged by the success of local cable channel JTBC’s corporate drama “Reborn Rich” that was invested in and produced by a Com2uS Corp. affiliate. RaemongRaein Co., which participated in the production [...]
SEOUL, Dec. 31 (Korea Bizwire) — The pandemic has had a significant impact on how people access multimedia as they read webtoons or listen to music at home and watch animations on streaming platforms. In a survey conducted by the Korea Creative Content Agency, 83.1 percent of respondents said they had watched animated video content [...]
SEOUL, Sept. 16 (Korea Bizwire) — With Disney+ soon to enter and intensify competition in the South Korean video streaming market, Coupang Inc. is stepping up to improve its own streaming platform. Mobile app tracker Wiseapp conducted a survey of smartphone users who are 10 years old or older, which showed that Coupang Play, a [...]
SEOUL, Sept. 6 (Korea Bizwire) – Virtual humans are sweeping through multiple industries including content creation, gaming and even finance. Rozy, a virtual influencer and model, has shot various advertisements for hotels, electric vehicles, fashion brands and even environmental campaigns. It is estimated that Rozy has earned as much as 1 billion won (US$864,300) solely [...]
SEOUL, June 21 (Korea Bizwire) — South Korea’s major movie theaters are increasingly attempting to explore new types of content by leveraging their strengths in big screens and audio systems. Lotte Cinema, one of the three biggest multiplex chains in the country, unveiled ‘Pop-up Travel Live’ in collaboration with travel content maker Guide Live. The [...]
SEOUL, March 23 (Korea Bizwire) — KT Corp., a major South Korean telecom operator, said Tuesday it aims to acquire more than 1,000 works of intellectual property in media content by 2023 and spend big to boost its media and video streaming business amid growing competition. KT CEO Ku Hyeon-mo said in an online briefing [...]
SEOUL, Oct. 27 (Korea Bizwire) – People say that once you step into the world of BTS, it becomes very difficult to leave. K-pop megastar offers a plethora of content from songs and performances to variety shows and documentaries. What’s more, this content leads to the production of secondary content such as character goods, games, [...]
SEOUL, Aug. 5 (Korea Bizwire) — Global streaming giant Netflix Inc. has topped South Korea’s over-the-top (OTT) service ranking in the four years since its debut, largely thanks to a localization strategy focused on investing massive sums into the production of local content, experts say. Initially, Netflix faced unwilling customers who weren’t used to the [...]
SEOUL, Dec. 24 (Korea Bizwire) — Turkey is the country that sees the most Korean broadcasting content among broadcasting hub countries with the potential to spread the Korean Wave. The Korea Communications Commission surveyed 2,355 local viewers in five countries, including the U.S., India, Canada, Turkey and Hungary, regarding Korean broadcasting content viewing experiences, viewing [...]