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Half of Streaming Service Users Will Cancel Subscription if Prices Increase: Survey

Half of Streaming Service Users Will Cancel Subscription if Prices Increase: Survey

SEOUL, Sept. 23 (Korea Bizwire) — About half of subscribers to over-the-top (OTT) media intend to continue to subscribe if prices increase, a survey showed Thursday. According to a poll conducted by the Korea Creative Content Agency of 3,000 streaming service users between 15 and 59 years of age across the country, the percentage of [...]

Foreign Streaming Services Score Higher in User Satisfaction: Survey

Foreign Streaming Services Score Higher in User Satisfaction: Survey

SEOUL, June 29 (Korea Bizwire) — Foreign streaming services such as YouTube and Netflix scored higher than domestic services in a recent user satisfaction survey. According to a user satisfaction survey report released on Monday by the state-run Korea Information Society Development Institute, YouTube marked a score of 0.83 in user satisfaction, followed by Netflix [...]

E-commerce Industry Pivots to OTT Platforms

E-commerce Industry Pivots to OTT Platforms

SEOUL, June 8 (Korea Bizwire) — The e-commerce industry is scrambling to bolster over-the-top (OTT) platforms or create web video series to attract customers. South Korean e-commerce giant Coupang Inc. has recently been focusing on securing exclusive video content for new streaming service Coupang Play for its Wow Membership subscribers. In addition to sports, the [...]

Classical, Theater Circles Start Paid Online Streaming Services amid Pandemic

Classical, Theater Circles Start Paid Online Streaming Services amid Pandemic

SEOUL, Sept. 18 (Korea Bizwire) — The South Korean classical and theatrical scenes are preparing to launch paid online streaming services as part of their efforts to make profits amid the prolonged novel coronavirus pandemic. The Korea National Opera (KNO) said Friday that it will livestream the opera “Manon,” a French repertoire by Jules Massenet, [...]