Naver Fortifies OTT Market Footing with CJ ENM’s TVing Partnership
Naver Corp. strategically invested 40 billion won ($35 million) worth of shares in the South Korean entertainment giant CJ ENM ...
Tag: OTT
Naver Joins OTT Media Sector Through CJ ENM Stake Purchase
South Korea’s largest web browser operator, Naver Corp., announced that it would be strengthening its foothold in the fast-growing over-the-top (OTT) ...
CJ ENM Allocates $4.4 Bln to Boost Content Creation for Global Expansion
CJ ENM, a South Korean media company, announced that it plans to enhance original content production and substantially boost over-the-top ...
Kakao Enters OTT Sector with 25 Bln Won Acquisition of Streaming Firm INISOFT
Kakao Corp., South Korea’s largest messaging service operator, revealed that it would enter the over-the-top (OTT) streaming sector. Investment banking ...
E-Commerce Giant Coupang Launches Unlimited TV ” Coupang Play “
Coupang, the largest E-commerce company in Korea, introduced its new video streaming app "Coupang Play" on Thursday, which led the ...
COMEUP 2020 Day 3: The Shifting Media Landscape and Opportunities for the OTT Market
The Ministry of SMEs and Startups successfully launched this year’s biggest startup festival in South Korea, the COMEUP 2020, from November 19-21. ...
Stream Protocol to Expand Revenue Distribution System with Blockchain
Stream Protocol, a content revenue distribution system using a blockchain network, announced that it would expand its service as the ...
SKT’s Wavve, NBC Universal Partner to Export Korean Content Worldwide
The online video service company, Content Wavve, announced that it signed a partnership with Comcast subsidiary NBC Universal (NBCU) to ...