SEOUL, Nov. 11 (Korea Bizwire) — The vice president of Netflix Inc. said during his recent visit to South Korea that he had the intention to negotiate with SK Broadband Co., which is litigating with the U.S.-based streamer over network usage fees. Nonetheless, he departed without doing so, industry sources said Wednesday. Dean Garfield, vice [...]
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, May 21 (Korea Bizwire) — Netflix, the world’s leading video streaming service provider, will come under growing pressure to share the network costs here following the revision to related laws, industry sources said Thursday. On Wednesday, the National Assembly approved the revision to the country’s telecommunications business act, which stipulates, in a nutshell, foreign [...]
SEOUL, Aug. 23 (Korea Bizwire) — A South Korean court’s siding with Facebook over its responsibility for slower data connection puts the onus on network operators, setting a favorable precedent for global IT firms when negotiating network usage fees with local telcos, market watchers said Friday. The Seoul Administrative Court on Thursday ruled in favor [...]