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 […]

Eutelsat’s CEO Rodolphe Belmer, in a meeting with a French parliamentary committee, told delegates that the OneWeb satellite consortium is now a “European asset”, and that it was likely to be the only mega-constellation that is not owned by the US. Eutelsat has a 17.5 per cent investment stake in OneWeb with the British Government […]

CPE provider Technicolor Connected Home has joined forces with LG U+ and HARMAN’s Embedded Audio group to develop and deploy a high-end, multi-service home entertainment platform that supports Dolby Vision and Dolby Atmos delivered through a HARMAN Sound by JBL audio solution for the South Korean market. LG U+, one of Korea’s largest telecommunications providers […]

South Korea’s electronics giant LG Display says it will invest 3.3 Trillion Won (€2.3bn) in new facilities to produce more OLED panels. The investment will start immediately and continue through to March 2024. The news came from LG in a regulatory filing to the Seoul stock exchange. The company said the investment will be used […]

LG Electronics has announced its highest quarterly revenues ever as the company continued to expand its market share for premium home appliances and consumer electronics outside of South Korea. Worldwide consolidated revenues of KRW 17.11 trillion (€12.8bn) rose 48.4 per cent from the second quarter a year ago. Second-quarter 2021 operating profit increased 65.5 per […]

South Korea’s KT-Sat has confirmed an announcement made at the Satellite Asia show that it is now demonstrating a ‘satellite-5G hybrid router’, with Greece being a partner by using data transmissions from Hellas-Sat. KT-Sat says its satellite network is expected to be major solution for mobile backhauling, needing continuity in network connections. KT-Sat has introduced […]

South Koreans streamed 169 billion minutes of online video in Q2 2021, according to the first of a series of quarterly reports from Media Partners Asia (MPA) measuring the Korean streaming economy. The report, titled South Korea Online Video Consumer Insights & Analytics, leverages MPA’s proprietary AMPD Research Platform to measure and analyse streaming media […]