SEOUL, Jan. 25 (Korea Bizwire) — SK Broadband Co., a major South Korean internet service provider (ISP), on Tuesday launched a new all-in-one platform that offers content from five streaming services, including Apple TV+. The company’s latest PlayZ platform allows users to search and watch media content from five over-the-top services, including homegrown players Wavve, [...]
SEOUL, Jan. 20 (Korea Bizwire) — Over 34 percent of South Koreans were paid subscribers to over-the-top (OTT) media, or video streaming services, a survey showed Thursday. Paid subscribers to OTTs stood at 34.8 percent last year, up 20.4 percentage points from the previous year, according to a survey of 6,834 people over the age [...]
SEOUL, Dec. 7 (Korea Bizwire) — Kim Su-yeon, a 39-year old office worker based in Seoul, loves to binge watch Korean TV series on weekends or holidays on the small old TV in her room. Last week, she finished the latest episodes of romance series like “Melancholia,” “Reflection of You,” “The King’s Affection” and “The [...]
SEOUL, Feb. 18 (Korea Bizwire) — Kim Eun-hee, 41, is a casual moviegoer who would normally go to theaters once or twice a month to hang out with friends on weekends. But last year, she never once went to the cinema, partly out of fears of possibly being infected with the novel coronavirus in a [...]
SEOUL, Feb. 2 (Korea Bizwire) — Over 66 percent of South Koreans used over-the-top (OTT) media, or video streaming services, last year amid the stay-at-home trend driven by the pandemic, a survey showed Tuesday. South Korea’s OTT usage rate stood at 66.3 percent in 2020, compared with 52 percent the previous year, according to a [...]
SEOUL, Jan. 27 (Korea Bizwire) — The fast-growing South Korean video streaming service market has entered a new phase as local over-the-top (OTT) service operator Tving pulled off a sharp increase in its users last year, data showed Wednesday. Tving gained two notches to finish third in the latest ranking of OTT service providers released [...]
SEOUL, Dec. 24 (Korea Bizwire) — Coupang Corp., South Korea’s leading e-commerce operator, said Thursday it has launched a subscription-based video streaming service, heating up competition in the country’s growing over-the-top (OTT) media market. The e-commerce giant said its new service, Coupang Play, is currently available on Android smartphones and it will expand support for [...]
SEOUL, Dec. 11 (Korea Bizwire) — Walt Disney Co. has said it will launch its flagship streaming service Disney+ in South Korea next year, a move that could intensify competition between local and global streaming giants in the country. Disney said in a tweet for its investor day presentation on Thursday that South Korea is [...]
SEOUL, Sept. 24 (Korea Bizwire) — As the popularity of over-the-top (OTT) platforms continues to expand, recent data shows that roughly two-thirds of Generation Z South Koreans between 15-24 years of age were found to be watching videos via OTT services more than on TV. SK Telecom Co. reported on Wednesday that 62.5 percent of Generation [...]
SEOUL, Sept. 23 (Korea Bizwire) — A leaked document is making the rounds in the streaming community in South Korea after it exposed what could possibly be the subscription pricing for the Disney Plus, a major competitor against Netflix. A recent post on Twitter and other social media revealed that a Disney Plus mobile subscription [...]