As Over-the-top providers gain more recognition among Korean film watcher, partnership with major/local OTT platforms can provide US content material corporations with access to local market. Competition amongst local and overseas OTT platforms has int
As Over-the-top providers gain more recognition among Korean film watcher, partnership with major/local OTT platforms can provide US content material corporations with access to local market. Competition amongst local and overseas OTT platforms has intensified over the past few years and these platforms are stepping up their efforts to import extra contents. Netflix first entered the Korean market in 2016 and became the most important by far and quickest rising OTT service in Korea, accounting for half of the whole market worth. The most active native OTT platforms are Wavve (co-operated by terrestrial broadcasters MBC, SBS, KBS and cell service SK Telecom); TVING ; and Watcha. One of South Korea’s goals is to turn into the world’s main exporter and importer of leisure and media. Today, the Korean wave has gained world popularity, seen all over the place from Korean TV shows and films on media service platforms to pop artists’ movies and games.
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