SEOUL, Jul. 5 (Korea Bizwire) — The homegrown streaming platform Tving is gaining ground on market leader Netflix in South Korea, data showed Friday. Tving’s monthly active users (MAU) surged 27 percent to 7.39 million in the first half, while Netflix experienced a 16 percent decline to 10.96 million, according to Mobile Index, an application [...]
SEOUL, Feb. 23 (Korea Bizwire) — BTS’ J-Hope will make a guest appearance on Tving’s original show “DNAcers,” the streaming service said Friday. The rapper-dancer will make a surprise appearance as a messenger to give missions to the participants of the dance battle show. Tving’s original show, set to premiere Monday, features competitions taking place [...]
SEOUL, Dec. 5 (Korea Bizwire) — Operators of Tving and Wavve, two major South Korean over-the-top (OTT) platforms, said Tuesday they have signed a memorandum of understanding to push for a merger in an apparent effort to compete with global streaming giants. But CJ ENM Co. and SK Square Co., respective owners of Tving and [...]
SEOUL, July 15 (Korea Bizwire) — The planned merger between two major South Korean streaming services Tving and Seezn is expected to shake up the landscape of the local market and stir up fiercer competition for original content, experts said Friday. Entertainment giant CJ ENM, which holds a majority stake in Tving, said the previous [...]
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, 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, Oct. 18 (Korea Bizwire) – South Korean online streaming platform Tving said Monday that it is planning to start its service in Japan and Taiwan next year and in the United States in 2023 to meet the rising demand for Korean-made content across the world. “In order to expand Korean content globally, we are [...]
SEOUL, Jan. 27 (Korea Bizwire) — The fast-growing South Korean video streaming service market has entered a new phase as local over-the-top (OTT) service operator Tving pulled off a sharp increase in its users last year, data showed Wednesday. Tving gained two notches to finish third in the latest ranking of OTT service providers released [...]