SEOUL, Sept. 23 (Korea Bizwire) — South Koreans spent a record high on Netflix last month, data showed Thursday, highlighting the video streaming giant’s popularity in the country amid growing competition. Payments to Netflix in the country are estimated at 75.3 billion won (US$63.5 million) in August, a 78 percent on-year rise from the previous [...]
SEOUL, Sept. 22 (Korea Bizwire) — Netflix’s original Korean series “Squid Game” ranked first on the U.S. top 10 TV show list of the video streaming platform, a chart has showed, becoming the first Korean drama to reach the milestone. The thriller, featuring South Korean actor Lee Jung-jae, made it to the top on the [...]
SEOUL, Sept. 9 (Korea Bizwire) – Lee Jung-min, a 29-year old office worker in Seoul, recently saw the new Netflix military series “D.P.,” already having been a big fan of its original web comic, “D.P.: Dog Days.” He couldn’t stop watching the six-episode series about soldiers in the D.P. unit, standing for deserter pursuit, whose [...]
SEOUL, Aug. 25 (Korea Bizwire) — A South Korean watchdog on personal information protection on Wednesday fined major foreign platform service providers nearly 6.7 billion won (US$5.7 million) over privacy violations. The Personal Information Protection Commission meted out the penalty against Facebook, Netflix and Google and ordered them to fix the problems following its probe. [...]
SEOUL, Aug. 25 (Korea Bizwire) — Netflix’s Korean-language original films will be screened in theaters next month as part of industry-wide efforts to overcome the pandemic-led slump, a local multiplex operator said Wednesday. CJ CGV, South Korea’s biggest multiplex chain, said it will run a special program titled “Netflix in CGV” to show seven films [...]
SEOUL, Aug. 18 (Korea Bizwire) – When Disney+, a content streaming service from Walt Disney Co., starts its service in South Korea in November, this will likely bring seismic change to the landscape of the local streaming service market. Disney+ is currently offering its service in 61 countries in 21 languages, including Asian Pacific countries [...]
SEOUL, July 15 (Korea Bizwire) — Global streaming giant Netflix Inc. said Thursday it has filed an appeal against a recent Seoul court decision that sided with local internet service provider (ISP) SK Broadband Co. in a dispute over network usage fees. Last month, the Seoul Central District Court dismissed a request from Netflix that [...]
SEOUL, June 25 (Korea Bizwire) — A Seoul court on Friday ruled against global video streaming giant Netflix in its prolonged network usage fee dispute with South Korean major internet access provider SK Broadband Inc. The Seoul Central District Court dismissed a request from Netflix to confirm that the United States-based video streaming service provider [...]
SEOUL, June 4 (Korea Bizwire) — A special episode of Netflix’s popular original Korean series “Kingdom” will be released next month, the U.S. streaming media service said Friday. “Kingdom: Ashin of the North” will be released July 23 as a “sidequel” to the global Korean zombie sensation “Kingdom” (2019) and “Kingdom Season 2″ (2020), according [...]
SEOUL, May 20 (Korea Bizwire) — Monthly active users of the U.S. video streaming service Netflix Inc. in South Korea recorded a decline in the past three months, data showed Thursday, as the platform faces a slowdown in global subscriber growth and increasing competition from local players. Netflix’s monthly active users in the country last [...]