Netflix Archives | Be Korea-savvy
Broadcasters, IT Firms Scramble for Supremacy in Online Content Market

Broadcasters, IT Firms Scramble for Supremacy in Online Content Market

SEOUL, Sept. 30 (Korea Bizwire) — As South Korean broadcasters and IT firms scurry to reorganize and launch new over-the-top (OTT) services, the question of how to create bankable content is determining survival in the Netflix-led market. The country’s three terrestrial broadcasters — KBS, MBC and SBS — opened a new over-the-top (OTT) platform service, [...]

Homegrown S. Korean OTT Platform to Launch This Week

Homegrown S. Korean OTT Platform to Launch This Week

SEOUL, Sept. 16 (Korea Bizwire) — South Korea’s largest over-the-top (OTT) service will officially become available later this week as it bids to take on global media giants such as Netflix, Inc., a joint venture providing the service said Monday. The new platform, dubbed “Wavve,” will go online on Wednesday, with an aim of accruing [...]

Star Cartoonist Chon Kye-young Comes Back with Netflix Drama

Star Cartoonist Chon Kye-young Comes Back with Netflix Drama

SEOUL, Sept. 11 (Korea Bizwire) — South Korean cartoonist Chon Kye-young’s works — comic books like “Unplugged Boy,” “Audition” and “DVD” — gained huge popularity among teenage girls in the late 1990s for their unique characters and stories. Years later, Chon generated a sensation among teens once again — this time with a web-based cartoon [...]

Younger Koreans Biggest Customers of Paid Video Platforms

Younger Koreans Biggest Customers of Paid Video Platforms

SEOUL, Aug. 27 (Korea Bizwire) — People between the ages of 18 and 24 are most likely to use paid video content platforms such as Netflix, the flagship over-the-top (OTT) service. According to a report released Monday by the Korea Information Society Development Institute, Koreans aged 18 to 24, accounting for 34.5 percent, were among [...]

S. Korea’s OTT Market Eaten Away by Foreign Platforms

S. Korea’s OTT Market Eaten Away by Foreign Platforms

SEOUL, Aug. 5 (Korea Bizwire) — South Koreans spend more than 80 percent of their total mobile video usage time on foreign video platforms such as YouTube and Netflix. According to an analysis by Lee Hee-dae, a professor at Kwangwoon University, based on Nielsen Koreanclick’s survey, YouTube accounted for overwhelming 59.5 percent of total user [...]