South Korea is establishing itself as one of the world’s biggest markets for Free Ad-Supported Streaming TV (FAST), according to research from Omdia. The country is set to become the 12th largest global FAST market by 2030, with revenues projected to double from $23 million (€19.8m) in 2024 to $48 million. Speaking at the International […]
OnDemandIQ, a Singapore-based innovator in streaming analytics and audience measurement, has announced a partnership with INTAGE, a specialist in marketing research and consumer insights. This collaboration will extend OnDemandIQ’s dashboard-delivered audience measurement tools to markets of Japan and South Korea. OnDemandIQ currently operates in Taiwan and Southeast Asia (Indonesia, Malaysia, Philippines, Singapore, and Thailand), offering […]
South Korea’s Hanwha Systems is selling its shares in Eutelsat (equal to a 5.4 per cent stake) for a reported €78 million ($85m). Citi Bank says the shares are on offer at just €3, which is some 13.9 per cent below Eutelsat’s current share price. The move makes a 74 per cent loss for Hanwha […]
Intellian Technologies, a specialist in satellite connectivity solutions headquartered in South Korea, and satellite operator Eutelsat have announced that the South Korean government has officially granted a regulatory licence for the deployment of Eutelsat OneWeb’s Low Earth Orbit (LEO) satellite services in Korea. In a first-of-its-kind decision, the Ministry of Science and ICT (MSIT) approved […]
Three per cent of Internet Service Providers (ISPs) saw an increase between 0.2 and 0.6 Mbps, 84 per cent stayed the same, and 13 per cent decreased 0.2 Mbps this month on the Netflix ISP Speed Index, a monthly update on which ISPs provide the best prime-time Netflix streaming experience. Nine countries and regions were […]
A report from Ampere Analysis reveals the importance of South Korean content to Netflix globally, which accounts for 85 (or 17 per cent) of the top 500 most popular non-US shows and films on the streaming platform. Since 2023, South Korean content has been second only to US content for total viewing hours recorded, according […]
Riedel Communications has announced that the prestigious Daegu Concert House in South Korea has upgraded its communications systems with a shift to Riedel’s intercom technology. The installation by South Korean distributor Dasan SR features Riedel’s all-IP Artist-1024 matrix and Bolero wireless intercom systems. Together the solutions deliver clear, reliable communications, enhancing both production quality and […]
The telecom and pay-TV services revenue in South Korea is expected to increase at a compound annual growth rate (CAGR) of 1.9 per cent over the forecast period 2024-2029 from $32.3 billion (€30.9bn) in 2024 to $35.4 billion in 2029, supported by strong growth in the mobile broadband segment, forecasts GlobalData, the data and analytics […]
LG U+, a mobile network operator in South Korea, and a new customer to Net Insight, will leverage Net Insight’s Nimbra platform for a nationwide IP media network. The deal with LG U+ was won and finalised earlier this year together with Net Insight’s Korean partner Sanam Technology and strengthens Net Insight’s market position in […]
South Korea’s multiplay services market is set for steady growth between 2023 and 2028, driven primarily by tripleplay and quadrupleplay bundles. Increased demand for high-speed fibre broadband and value-added services like IPTV and OTT video will boost household spending on these packages. While doubleplay remains dominant, quadrupleplay is projected to see the fastest growth, supported […]