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Search results for "Local OTT"

From Enemy to Ally: TVING X Wavve, Original Content Exchange... Building a K-Local OTT Alliance Front

From Enemy to Ally: TVING X Wavve, Original Content Exchange... Building a K-Local OTT Alliance Front

Starting from the 17th, major original works such as 'High School Mystery Club' and the spin-off of 'Secret Forest' will be released sequentially. Wavve's representative works 'Ideological Verification Zone' and the 'Blood Game' series will also be available through TVING, maximizing synergy. Following the launch of bundled products, the partnership is expected to further enhance platform competitiveness.
TVING and Wavve are solidifying their positions as domestic OTT powerhouses through content exchange. OTT platforms TVING and Wavve announced on March 17 that they will sequentially release major original works every Monday.
| Seongchan Eol
RAPTEL Surpasses 1 Million MAU: 'Specialized Strategy Success' Grows Alone Amidst Local OTT Struggles

RAPTEL Surpasses 1 Million MAU: 'Specialized Strategy Success' Grows Alone Amidst Local OTT Struggles

Profitable at 9,900 Won per Month with a Focus on Japanese Anime... In Contrast to Watcha's Rehabilitation Process and Tving's 100 Billion Won Deficit
As local OTTs (Over-the-Top services) struggle with deficits and declining subscribers due to competition from global giants like Netflix, 'RAPTEL', specialized in Japanese animation, has surpassed 1 million monthly active users , drawing attention as a success story of a specialized strategy.
| 엔터플레이
K-pop Idol Seniors and Juniors Turn Egypt Into a Class War for Super Junior and NCT in ENA’s “The Prince and the Beggar”

K-pop Idol Seniors and Juniors Turn Egypt Into a Class War for Super Junior and NCT in ENA’s “The Prince and the Beggar”

From Lee Teuk and Shin Dong to NCT’s Johnny and Jisung, a 6-night 7-day survival journey unfolds in an Egypt-set drama—released simultaneously on Disney+.
ENA’s new travel survival show, “The Prince and the Beggar,” shakes up the variety landscape next month on the 27th at 11:15 p.m.A brutal survival tale of social class under the land of the pharaohsSet against the sweeping scenery of Egypt, six of South Korea’s top K-pop artists plunge into a...
| James choi
'Netflix of the Anime World' Crunchyroll Announces Entry Into South Korea in the Second Half

'Netflix of the Anime World' Crunchyroll Announces Entry Into South Korea in the Second Half

Global anime streaming platform Crunchyroll says it aims to strengthen its presence across Asia with bases in South Korea and Taiwan After winning in North America by concentrating on Japanese anime and successfully distributing major theatrical releases, Crunchyroll has secured a firm grip on the anime fan niche Eyes are on whether Crunchyroll will trigger a major shake-up in the domestic anime streaming platform market led by Netflix and LAFTEL
Crunchyroll, dubbed the "Netflix of the anime world," is set to enter South Korea. Crunchyroll, an OTT platform, said it would expand into South Korea for the North American market for a variety of anime, on June 16 .
| Seongchan Eol
Beyond OTT and Into Theaters: Independent Film Long-Run Project “Slow Cinema” Launches

Beyond OTT and Into Theaters: Independent Film Long-Run Project “Slow Cinema” Launches

Instead of streaming straight to OTT, it holds onto theater screenings through year-end—kicking off the “Slow Cinema” movement built to share breath with audiences
In an era dominated by exclusive screen access, independent films have launched an all-out counterattack for survival. A nationwide audience coalition project aimed at reclaiming what theaters are for and protecting the value of long-run screenings, the “Slow Cinema” movement, has opened its...
| James choi
Ryu Seung-bum Ends Exclusive Contract With YOne Entertainment After 3 Years… Steps Into Independent Career After Filming ‘Dealer’

Ryu Seung-bum Ends Exclusive Contract With YOne Entertainment After 3 Years… Steps Into Independent Career After Filming ‘Dealer’

On the 22nd, YOne Entertainment said, “We decided to end the exclusive contract after sufficient discussion, and we sincerely support his new steps.” After signing in 2023, Ryu appeared one after another in ‘Moving,’ ‘Family Plan,’ and ‘Good News,’ reaping benefits from global OTT platforms Wrapping up management work as Netflix’s ‘Dealer’ wraps production at the end of May… based in Slovakia
Actor Ryu Seung-bum is leaving his agency.Official announcement of end of exclusive contract with YOne Entertainment In an official statement on the 22nd, his agency, YOne Entertainment, said, “After sufficient discussion, we decided to end the exclusive contract between our company and actor Ryu...
| Seongchan Eol
Amazon Prime Video Introduces Vertical Short-Form “Clips” to Target Gen Z

Amazon Prime Video Introduces Vertical Short-Form “Clips” to Target Gen Z

Following Netflix and Disney+, Amazon Launches the Vertical Short-Form Service “Clips”1
The Beginning of the Short-Form War: Global OTT Survival StrategyBig changes are underway in the global online video-on-demand market. After “Netflix” and “Disney+”, “Amazon Prime Video” has officially entered the “short-form” content ecosystem. On the 9th , the U. S.
| James choi
Gokseong Backdrop Korean-U.S. Co-Production Action Film

Gokseong Backdrop Korean-U.S. Co-Production Action Film "Beauty Demon Killer" Opens on OTT on the 30th

An action fantasy co-production between Korea and the U.S. born from a true story based on the wife. About 70% of the total runtime was filmed at Gokseong’s famous spots in Jeollanam-do, completing a distinctive visual style
[Photo Topic] 'Korean-U.S. Co-Production' 'Action Fantasy' that overwhelmed 'Gokseong' in Jeollanam-do, 'Beauty Demon Killer' unveiled on the spotThe Korean-U.S. co-production action fantasy film 'Beauty Demon Killer', which makes 'Gokseong' in Jeollanam-do its main stage, finally arrives on home...
| James choi
Netflix Launches a $37 Trillion Won-Scale Share Buyback… Intensifies Efforts to Defend the Stock Price and Enhance Shareholder Value

Netflix Launches a $37 Trillion Won-Scale Share Buyback… Intensifies Efforts to Defend the Stock Price and Enhance Shareholder Value

The board approves a $25 billion share buyback… After earnings were announced, moves to calm market sentiment that plunged After the Warner Bros. Discovery deal fell through, it chose “cash returns”… Focused on rebuilding trust ahead of the founder’s departure Expresses confidence in “stable cash flow” built on new growth engines such as advertising and gaming
Global OTT leader Netflix has made the bold move of a $25 billion (about 37. 1 trillion won) share buyback to relieve the intensified stock-price drop pressure following its recent earnings release and restore shareholder confidence.
| Yangsimoh
K-Content Movies and TV Dramas, Break Through Canada’s $400 Billion Fund… Sign a Co-Production Agreement

K-Content Movies and TV Dramas, Break Through Canada’s $400 Billion Fund… Sign a Co-Production Agreement

The Korea Communications Commission (KCC) holds an audiovisual co-production agreement with Canada for the first time in 8 years. With recognition of domestic content and support from a large-scale media fund, a stepping stone for entering North America is secured.
A huge gateway secured for K-content to enter the North American marketKorea and Canada, after talks began in 2017, finally reach 'results after eight years'Co-produced works are granted 'domestic content' status and benefits equally in both countriesAccess secured to Canada’s '$400 billion...
| James choi