North American free streaming platform Mometu has expanded its catalogue of Korean cinema. Leading the new additions is Kim Ki-duk’s The Isle, the festival standout that cemented the late filmmaker as a defining voice of Korean arthouse cinema. Also joining the lineup is crime thriller Beasts Clawing at Straws, featuring Academy Award winner Youn Yuh-jung, […]
The US remains the world’s most influential media and entertainment (M&E) market, generating 39 per cent of global revenues. Out of the $1.1 trillion (€0.94tn) worldwide M&E economy, the US alone contributes $430 billion. It also dominates streaming, accounting for 53 per cent of global SVoD revenues ($181 billion), 80 per cent of the FAST […]
South Korea’s Samsung Electronics has been hit with a $191.4 million (€166.3m) penalty fine for infringing two US patents held by Irish business Pictiva Display. Pictiva convinced a Texas jury that a wide range of Samsung devices violated Pictiva’s patent rights in technology for enhancing the resolution, brightness and power efficiency of OLED displays. Pictiva […]
The Northeast Asia Video Summit 2025, hosted by the Asia Video Industry Association (AVIA), brought together leading media executives, content creators, and technology innovators to explore the future of video in Japan and Korea. Held in Tokyo on October 28th, the summit showcased transformative strategies in global content production, streaming monetisation, and cross-border collaboration. A […]
A report by Ampere Analysis reveals that while global audiences are watching more South Korean content than ever, both international streaming platforms and local commissioners are producing fewer new TV titles. Local companies have struggled with rising production costs and the broader macroeconomic challenges, while international SVoDs are shifting their content strategy towards acquisitions and […]
Korea’s premium VoD market reached $1.1 billion (€0.94bn) in H1 2025, with paid SVoD subscriptions climbing to 24.5 million and 1.5 million net new additions during the period, according to insights from ampd, the measurement platform owned and operated by Media Partners Asia (MPA). Growth was concentrated among scaled leaders, while the introduction of connected […]
Bango, a specialist in subscription bundling, has announced a strategic partnership with KT, a telecommunications provider in the Republic of Korea, to deliver subscription services to its 13.5 million customers. Leveraging the Digital Vending Machine (DVM) from Bango, KT customers will benefit from new and exciting subscription services. This is the first major DVM agreement […]
Prime Video and entertainment company CJ ENM have announced a strategic collaboration, securing multi-year worldwide distribution rights (excluding Korea and China) for Korean content. The announcement was made at the World Audio Visual & Entertainment Summit (WAVES) in Mumbai, India. Throughout 2025 and 2026, Prime Video will launch multiple new exclusive titles from CJ ENM, […]
The head of Samsung Electronics has died from a heart attack. Han Jong-Hee died from cardiac arrest on March 25th aged 63, according to a spokesperson for the South Korean technology giant. Born in 1962, Jong-Hee had overseen Samsung’s consumer electronics and mobile devices businesses since 2022. He was named Samsung Electronics vice chairman and […]
Samsung’s free ad-supported streaming TV (FAST) service, has announced the launch of its first European FAST linear channel dedicated to K-pop in the UK, France, Spain, Italy, Germany, Sweden and The Netherlands. The launch of the K-POP by CJ ENM channel marks the first instalment of Korean content on Samsung’s European streaming service. Available exclusively […]