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 [...]