SEOUL, Mar. 4 (Korea Bizwire) — The South Korean baseball league announced Monday it has signed a record-setting streaming rights deal with CJ ENM, with its games moving behind a paywall for the first time. For the next three seasons, CJ ENM, the media and entertainment arm of CJ Group, will carry Korea Baseball Organization [...]
SEOUL, Nov. 13 (Korea Bizwire) – In the past three months, the competition for second place within the streaming video service industry has been fervent. There’s a noticeable trend where user preferences are heavily influenced by the original content released at any given time, creating what seems like a content battle. Based on recent Nielsen data, [...]
SEOUL, July 14 (Korea Bizwire) — South Korean streaming services Tving and Seezn will merge into a single platform to become the biggest domestic content streaming provider, the companies announced Thursday. KT Studio Genie, the media production unit of telecom operator KT Corp., said in a regulatory filing that it has struck a deal with [...]
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, March 3 (Korea Bizwire) — The science-fiction action blockbuster “Seobok” will be released simultaneously in theaters and via streaming next month, its distributor said Wednesday, after monthslong delays amid the novel coronavirus pandemic. “Starring Gong Yoo and Park Bo-gum, ‘Seobok’ will be released on April 15,” CJ ENM said in a press release. “It [...]
SEOUL, Feb. 2 (Korea Bizwire) — Global streaming giant Spotify Technology SA said Tuesday it launched its music streaming service in South Korea, the home market of K-pop. The service, which originally launched back in 2008, has more than 60 million songs and over 320 million users across 93 markets. The latest launch comes amid [...]
SEOUL, March 23 (Korea Bizwire) — Hey look, there’s baseball going on in South Korea. And even if you don’t live here, you can stream these games live and watch on demand. The global outbreak of the novel coronavirus has deprived baseball fans around the world of a chance to enjoy their annual ritual — [...]
LIMASSOL, CYPRUS, Jul. 24 (Korea Bizwire) – Play2Live, cybersports streaming platform, announces that users can assign interactive tasks to streamers in the game, “Fortnite”, and monitor their progress. This creates interactions between platform users, and forming an economy around the Level Up Coin (LUC) token as the only means of payment within the platform. Any [...]
SEOUL, May 23 (Korea Bizwire) – The latest data from market analyst DMC Media has revealed that YouTube was still the most popular video streaming platform on mobile devices in South Korea, chosen by 42.8 percent of 1,000 study participants in April, which was up from the 38 percent observed last year. YouTube outstripped its [...]
SEOUL, May 8 (Korea Bizwire) – Online live video game streaming is taking the world by storm, as the idea of sharing and enjoying the experience of playing and watching games becomes increasingly popular, and the impact is being also felt in South Korea where eSports have a huge following. As demand for video game streaming [...]