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).
KOCOWA, available for USD6.99 per month, consists of dramatic, romantic and reality programming with a target audience of females younger than 40 years of age.The service is the exclusive IP holder of 10,000 plus hours of content.