SEOUL, Nov. 10 (Korea Bizwire) – The U.S. streaming website Netflix has decided to cover all the expenses of “Okja,” an upcoming film by South Korean director Bong Joon-ho, his production studio said Tuesday. Netflix will invest $50 million in the project, which will be co-produced by Plan B Entertainment, an American film production studio [...]
SEOUL, Sept. 9 (Korea Bizwire) — A high-ranking Netflix official said Wednesday the popular U.S. video service provider will tap into South Korea early next year, a move which is anticipated to bring significant changes to the local online contents industry. “We are very excited about the opportunity more than anything else. There are great [...]
SEOUL, April 28 (Korea Bizwire) — LG Electronics, South Korea’s No. 2 smartphone and home appliance maker, said Tuesday it is considering joining the global partnership for ultra high-definition (UHD) television and digital content, following rival Samsung’s announcement to become a member at the beginning of this year. “We’re looking into joining the UHD Alliance. If [...]
SEOUL, June 25 (Korea Bizwire) – Based on its advanced LTE technology, LG Uplus has introduced state-of-the-art video-on-demand service lineups including Netflix-like movie streaming service UflixMovie. The third-largest mobile carrier in Korea announced on June 23 that it would start offering new services based on its LTE-A network from July. The new services include the movie streaming [...]