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.
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.
The International Academy of Television Arts & Sciences presented Emmys to television creators and performers from eight different countries, including the UK, South Korea, Netherlands, Australia, and New Zealand.
Korean media group CJ ENM announced a partnership with Taipei-based Central Motion Pictures Corp and Deepwaters Digital Support to co-produce an island-culture-based scripted series in Taiwan’s Kinmen islands in 2023