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Telecommunications & Media

Broadcast Media and Communications Commission launches consultative body to boost pay-TV industry

South Korea\'s Broadcast Media and Communications Commission has launched a private-public consultative body to draw up measures to revitalise the pay-TV industry as growth stalls and profitability worsens. The commission held the first meeting in Seoul on Aug. 20 with pay-TV operators and the Korea Information Society Development Institute. The group will discuss deregulation, building an innovation base, supporting digital and AI transition, and creating a fair, co-prosperity environment, including content usage fee issues.

Telecommunications & Media

OTT industry speeds monetisation using sports content beyond ads and into paid products

South Korea\'s OTT platforms are accelerating efforts to monetise sports content, including paid products, as major matches boost daily active users. Mobile Index data showed Coupang Play and Tving saw sharp spikes tied to football and KBO baseball. Coupang Play is selling a separate sports pass and linking it to ticket presales. Tving is using KBO to expand long-term users and grow subscription and advertising revenue.

Telecommunications & Media

Tving swings to profit in Q2 on 40 percent revenue growth

CJ ENM’s online video service Tving returned to profit in the second quarter. Revenue rose 40 percent from a year earlier to 140.7 billion won, while operating results swung to a 6.0 billion won profit from a 24.0 billion won loss. CJ ENM cited gains from the KBO season and hit original content that lifted subscribers and monthly active users. It expects weaker third-quarter results due to seasonal advertising factors and higher content costs.