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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.
WATCHA Enters Corporate Rehabilitation Process

WATCHA Enters Corporate Rehabilitation Process

Although it introduced original and imported film brands as a first-generation OTT platform, it has entered corporate rehabilitation due to worsening management.
The domestic OTT platform WATCHA has ultimately entered the corporate rehabilitation process. WATCHA started as a movie rating platform in 2016 and launched its service as 'WATCHA PLAY' at the time of the OTT platform launch.