SEOUL, Nov. 12 (Korea Bizwire) – In a major development for South Korea’s entertainment industry, Shinsegae Group, led by Chairman Chung Yong-jin, has announced plans to partner with U.S. entertainment conglomerate Paramount to create a massive international theme park, marking Paramount’s first such venture outside North America. The 4.57 trillion won project, named Star Bay City, [...]
SEOUL, July 11 (Korea Bizwire) — Tving, the South Korean online streaming service provider run by entertainment giant CJ ENM, saw its mobile users rebound last month on the back of the launch of a new service with U.S. streamer Paramount+, industry data showed Monday. The number of its monthly mobile users reached 4.02 million [...]
SEOUL, June 16 (Korea Bizwire) — A senior official of Paramount Global, a major Hollywood studio and distributor, said Thursday South Korea is the “perfect place” to start business in the booming Asian streaming market. “South Korea is a vital market for both streaming and subscription business and for the content, that we all know, [...]
SEOUL, May 24 (Korea Bizwire) — Paramount +, a U.S. streaming service owned by Paramount Global, will begin its service in South Korea through local streamer Tving on June 16, Tving said Tuesday. It said the new American service will become available on its platform to all its subscribers without extra charge. South Korea will [...]
SYDNEY, May 23 (Korea Bizwire) — It’s a bird! It’s a plane! It’s 600 drones set to light up Sydney Harbour this May! Paramount+ is buzzing with excitement, to be taking to the skies on Sunday, 29 May (AEST) to deliver audiences the Southern Hemisphere’s biggest ever drone show as part of the Vivid Sydney [...]
SEOUL, May 11 (Korea Bizwire) — As new American players like Paramount+ and HBO Max are set to start their services in South Korea later this year, competition is expected to intensify in the local streaming service market. U.S. media giant Paramount Global said earlier this month that Paramount+, its subscription-based video streaming service, will [...]