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Korean streaming platform Wavve acquires Kocowa 23 DEC 2022

Deals

Korean streaming platform Wavve acquires Kocowa

Wavve, one of the largest Korean-owned video streaming platforms, has acquired Kocowa, a specialty distributor of Korean content in the Americas, for 90.1 billion won (US$70.62 million).
Tubi teams up with CJ ENM to expand global content offering 13 DEC 2022

Streaming

Tubi teams up with CJ ENM to expand global content offering

More than 500 hours of content, distributed through 75 Korean films, dramas and K-POP series, will be added to the streamer's catalog of content.
South Korean SVoD services merge to take on Netflix 8 DEC 2022

Content

South Korean SVoD services merge to take on Netflix

In the face of Netflix’s increasing dominance in South Korea’s subscription OTT market, the local regulator has now approved the merger of the two Korean OTT services, TVing and Seezn.
APAC ex-China Pay-TV revenues to reach U$D 35 billion by 2027 5 DEC 2022

Content

APAC ex-China Pay-TV revenues to reach U$D 35 billion by 2027

India will remain the largest market in size ex-China, with growth powered by DTH satellite platforms; Korea is the second largest contributor, driven by telco IPTV. Revenue growth in 2022 will be driven by India, Korea, and the Philippines.
Espresso licensed several doc titles to Asian Public broadcasters 5 DEC 2022

Distribution

Espresso licensed several doc titles to Asian Public broadcasters

The sales include landmark environmental documentary "Finite", to Japan's NHK, Taiwan's PTS & PTS+, and Korea's EBS.