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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

Broadcasting Media Communications Committee releases 2024 broadcast assessment; KBS1, MBN top scores by platform

South Korea\'s Broadcasting Media Communications Committee approved the 2024 broadcast assessment results for 371 stations operated by 153 broadcasters at a plenary meeting on July 22. The results will be reflected in broadcaster re-licensing and re-approval reviews. KBS1 recorded the highest score among national terrestrial TV channels, while MBN ranked top among comprehensive programming channel operators. The committee also approved the 2025 assessment basic plan and will disclose detailed results on its website.

Games & Commerce

Nexon to end Crazy Arcade service despite record results as profit-floor strategy reaches long-running games

Nexon will end service for its 25-year-old online game Crazy Arcade on Aug. 13 despite posting record results last year. The move follows a profit-floor policy and portfolio review pushed by Patrick Soderlund, head of Nexon’s Japan unit, after he took office in February. Nexon has also ended Bubble Fighter, halted Project EL and shifted Dungeon & Fighter Mobile’s China operations to Tencent. Nexon says it has no additional plans to end other classic IP services for now.