Tving and Seezn, two major South Korean streaming services, confirmed their plans to merge, in a consolidation move which is seen as a means to counter the local dominance of Netflix.
Pay TV services revenue in South Korea is expected to grow marginally at a compound annual growth rate (CAGR) of 1.14%, from US$6.5 billion in 2021 to US$6.9 billion in 2026, mainly supported by the IPTV segment, GlobalData forecasted.
Renamed producers Image9coms and Something Special will be involved in this new adaptation of the program for MBN TV Group, as well as "Masked Singer" creator Wonwoo Park.
The deal will include "Dynasties II" "Frozen Planet II, and "Planet Earth II," granting KBS exclusive access to the first windowing of blue-chip Natural History titles in South Korea.