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Surge in Streaming Service Fees Sparks Stress Among Subscribers in South Korea

Surge in Streaming Service Fees Sparks Stress Among Subscribers in South Korea

SEOUL, Dec. 14 (Korea Bizwire) – In South Korea, the rising trend of subscribing to multiple Over-The-Top (OTT) and online streaming services, such as Netflix, YouTube, Disney Plus, and Tving, is facing a new challenge: a series of price hikes that are increasing stress among subscribers.  Recently, Netflix, already under scrutiny for banning account sharing among [...]

‘Moving’ Dominates Asia Contents Awards and Global OTT Awards

‘Moving’ Dominates Asia Contents Awards and Global OTT Awards

BUSAN, Oct. 8 (Korea Bizwire) – The Disney+ sci-fi action series “Moving” clinched the Best Creative award, in addition to a handful of other categories for global streaming titles, at this year’s Asia Contents Awards & Global OTT Awards ceremony on Sunday. The 20-episode series revolving around a group of seemingly ordinary but superpowered individuals, [...]

Daily TV Dramas Fade as Weekly Scheduling Takes Over in the OTT Era

Daily TV Dramas Fade as Weekly Scheduling Takes Over in the OTT Era

SEOUL, Oct. 3 (Korea Bizwire) – TV dramas were once immensely popular, airing every day of the week in various formats, including Monday and Tuesday dramas, Wednesday-Thursday dramas, Friday-Saturday dramas and weekend dramas. Today, however, dramas airing on weekdays have become quite rare. Among mini-series dramas, Wednesday-Thursday dramas were the first to disappear from the TV [...]

Korean Streaming Services Eye Global Market to Improve Profits

Korean Streaming Services Eye Global Market to Improve Profits

SEOUL, Feb. 16 (Korea Bizwire) — Major Korean streaming services have experienced rapid growth in recent years but are now turning their eyes abroad amid mounting losses and tougher competition with foreign rivals in the crowded domestic market. Homegrown over-the-top (OTT) players, which were made out of alliances among major entertainment companies, broadcasters and telecom [...]

Disney+ Makes Big Bet on K-content for Growth in OTT Market

Disney+ Makes Big Bet on K-content for Growth in OTT Market

SEOUL, Dec. 2 (Korea Bizwire) — As Korean dramas and films enthrall a wider global audience, entertainment giant Disney now looks ready to ride the Korean Wave to expand its presence in the thriving streaming market. Following streaming leader Netflix’s international success of “Squid Game,” more viewers from across the globe are watching Korean series [...]

LambdaTest Launches Automation Testing for OTT Streaming Devices

LambdaTest Launches Automation Testing for OTT Streaming Devices

San Francisco, Nov. 11 (Korea Bizwire) – LambdaTest, a leading continuous quality testing cloud platform, today announced the launch of its cloud-based automation testing offering for OTT streaming devices. LambdaTest will offer Fire TV, Apple TV, and Roku TV as part of the offering. With advanced features like parallel testing, remote control management, Appium integration, localization testing, and [...]

Homegrown Streaming Platforms Accelerate Service Diversification to Boost Subscribers

Homegrown Streaming Platforms Accelerate Service Diversification to Boost Subscribers

SEOUL, Oct. 17 (Korea Bizwire) — South Korea’s homegrown streaming media service platforms are diversifying from films and drama series towards other services as part of efforts to reinvigorate stagnating growth in subscriber numbers. Watcha recently launched a webtoon platform Watcha Webtoon service with a focus on differentiation by acquiring exclusive rights for new original [...]

Helbiz Media Signs Agreement with MLB to Stream Next Three Seasons on Helbiz Live

Helbiz Media Signs Agreement with MLB to Stream Next Three Seasons on Helbiz Live

NEW YORK, March 21 (Korea Bizwire) — Helbiz Inc. (NASDAQ: HLBZ), a global leader in micro-mobility and the first in its industry to be publicly listed on the Nasdaq, today announced an agreement between Helbiz Media, the company’s media arm and streaming entertainment service, and Major League Baseball (MLB), the North American professional baseball league, [...]

Local Streamer Watcha to Launch New Platform with Music, Webtoons

Local Streamer Watcha to Launch New Platform with Music, Webtoons

SEOUL, Feb. 22 (Korea Bizwire) — Watcha, a homegrown over-the-top service, said Tuesday it plans to kick off a new platform that provides music and webtoon contents in addition to its current video streaming service. The latest move comes amid growing competition in the local video streaming market led by global streaming giant Netflix, followed [...]