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S. Korea to Form Local OTT Support Group Against Global Rivals

S. Korea to Form Local OTT Support Group Against Global Rivals

SEOUL, Aug. 18 (Korea Bizwire) — South Korea’s media regulator said Tuesday it will form a support group for local over-the-top (OTT) media services to help compete with global rivals, such as Netflix Inc., as they take a dominant position in the local market. Netflix’s active mobile application users in the country totaled 6.37 million [...]