SEOUL, Aug. 14 (Korea Bizwire) — Netflix has emerged as the most satisfying streaming service for South Korean consumers, with content diversity ranking as the top factor influencing platform choice, according to a government survey released August 14. The Korea Consumer Agency polled 1,500 users — 300 each from Netflix, Disney+, Wavve, Coupang Play and [...]
SEOUL, Feb. 13 (Korea Bizwire) — South Korea’s antitrust regulator said Sunday it has decided to impose a fine of a combined 19.5 million won (US$16,300) on Google, Netflix and three other video streaming services for their unfair business activity over paid subscription. Five over-the-top (OTT) media service providers — Google, Netflix, KT, LG Uplus [...]
SEOUL, June 8 (Korea Bizwire) — The e-commerce industry is scrambling to bolster over-the-top (OTT) platforms or create web video series to attract customers. South Korean e-commerce giant Coupang Inc. has recently been focusing on securing exclusive video content for new streaming service Coupang Play for its Wow Membership subscribers. In addition to sports, the [...]