Pay-TV services revenue in South Korea is expected to grow marginally at a compound annual growth rate (CAGR) of 1.14 per cent, from $6.5 billion (€6.19bn) in 2021 to $6.9 billion in 2026, mainly supported by the IPTV segment, forecasts GlobalData, a data and analytics company. GlobalData’s South Korea pay-TV Forecast reveals that IPTV services […]
South Korean technology giant Samsung Electronics has reported a 50.3 per cent jump in preliminary profits for its first quarter. Much of the success comes from Samsung’s silicon chip division; Samsung is the world’s largest memory chip and smart-phone manufacturer. However, the company did not provide details on the performance of its various divisions. Samsung […]
Entertainment company CJ ENM has announced its plan to launch a new production studio ‘CJ ENM STUDIOS’. The new studio is an addition to CJ ENM’s existing production powerhouse Studio Dragon and recently acquired Endeavor Content. CJ ENM announced that Yong Soo Ha, former Executive Vice President as CJ ENM’s Head of Business Development & […]
A report from analysts at MoffettNathanson (MN) asks what’s left in terms of growth for Netflix in its key markets? It cites the US and Canada as an example, and says that with, Netflix being present in 64 per cent of North American broadband homes and 82 per cent of all pay-TV homes, “it is […]
Orange has published the third edition of the Observatory of Digital Uses, in partnership with OpinionWay. Created in 2018 by Orange and OpinionWay, the Observatory is returning in its third edition to provide feedback on digital uses in 2021. This year, the Observatory aimed to measure the development of digital behaviorus, the health crisis’ impact […]
Insight TV has announced that its linear UHD HDR service will launch on LG U+ in South Korea. This launch comes after three successful years reaching viewers in South Korea with the Insight TV 4K service on the SKB 4K package and Insight TV programming on the UMAX platform and now means that Insight TV […]
THEMA ASIA-PACIFIC has announced the launch of MUSEUM TV on LG U+, one of the largest IPTV player in South Korea and a longstanding partner of THEMA.LG U+ Premium Pack customers have now access to MUSEUM TV (channel #225), the leading channel entirely dedicated to the visual arts, appealing to a large audience of passionate […]
Rewind Networks and LYD have announced the launch of Hits on South Korea’s LGU+ IPTV platform on November 16th. Hits will be aired on Channel 147 in HD as part of LGU+ TV’s premium package. The launch of Hits on LGU+ marks the second deal for the partnership between Rewind Networks and LYD in South […]
An Ampere Analysis report shows where Netflix is likely to increase its content investment as the streaming giant’s focus of activity becomes more global than ever. Between Q4 2019 and Q3 2020, North American commissions accounted for 55 per cent of Netflix Original titles, but this share fell to 45 per cent between Q4 2020 […]
Netflix has lashed out at SK Broadband, the South Korean Internet provider, after it demanded that Netflix pay to use their network after hit titles like Squid Game caused a huge surge in data traffic. Netflix VP of Global Public Policy, Dean Garfield, said that such a move could potentially prevent entertainment firms from working […]