SEOUL, Feb. 15 (Korea Bizwire) — Naver Corp., South Korea’s dominant Internet portal and search engine, said Friday that it plans to support streaming of 4K content on mobile platforms following the launch of fifth-generation (5G) mobile network service next month. “We will be able to support high-resolution livestreaming service as the lag time will [...]
SEOUL, Apr. 9 (Korea Bizwire) — Lotte Cinema will launch a video streaming service in June for the first time as a Korean cinema chain, the company said on Sunday. “We’re preparing for ‘Over the Top (OTT)’ and other new platform services with the aim of launching them in June,” Lotte said in a press [...]
SEOUL, Jun. 29 (Korea Bizwire) — The number of paid subscribers to online entertainment companies in South Korea has been found to be extremely low, a new industry report has revealed. Only 1.4 percent of South Korean internet users pay to enjoy online content from media outlets, the lowest rate among all online content services, while [...]