Amagi, the global leader in cloud-based SaaS technology for broadcast and connected TV, has bolstered its presence in Northeast Asia, with a sales and customer support team in South Korea, to serve customers in the region. The company has also signed a partnership with Digibase, a Seoul-based provider of professional media services for live video […]
Thales Alenia Space has won a contract to deliver Koreasat 6A for delivery in Q4/2024. Korea Telecom’s (KT) Koreasat 6A will have 20 fixed satellite service (FSS) and six TV broadcast transponders to replace Koreasat 6, which launched to geostationary orbit at 116 degrees East in December 2010. Thales has enjoyed a long relationship with […]
The Asia Video Industry Association (AVIA) welcomed over 200 delegates from across the region for its first ever Korean focused conference and its first in market event since 2019, with Korea in View, which took place on 30 August at the Westin Josun, Seoul. To set the scene, AVIA CEO Louis Boswell presented key highlights […]
South Korean streaming platforms TVing and Seezn are set to merge in a bid to fend off international streamers such as Netflix – which plans at least 25 Korean originals this year. CJ ENM, behind global game show format I Can See Your Voice, is the controller of TVing, while Studio Genie, the media subsidiary […]
The Walt Disney Company Asia Pacific and HYBE have announced a global content collaboration that will see both companies working together to showcase content from South Korea’s music and entertainment industry to the world stage. The agreement includes global distribution of five titles from HYBE, which include two exclusive series featuring K-pop icons BTS that […]
Multiplay service revenue in South Korea is expected to grow at a compound annual growth rate (CAGR) of 2.4 per cent from $6.9 billion (€6.8bn) in 2021 to $7.7 billion in 2026, driven by the steady rise in the number of multiplay households and growth in the average monthly multiplay household spending, according to GlobalData, […]
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 […]