AI & Enterprise
OTT growth spurs debate on broadcast telecom fund overhaul, but prospects remain unclear
Debate in South Korea over restructuring the Broadcast and Telecommunications Development Fund has stalled despite shrinking TV advertising revenue and rapid growth in online advertising, including OTT. A bill to charge large OTT operators up to 1 percent of sales has been pending for 18 months. Industry and political concerns include reverse discrimination between domestic and global platforms, enforcement limits on foreign firms and potential trade frictions, alongside arguments that global OTTs contribute via investment.