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Telecommunications & Media

LG Uplus launches U+tv Today Life to check weather, news and financial information

LG Uplus said on Oct. 26 it will introduce U+tv Today Life, an AI-powered service that provides daily information such as weather, news and finance. The service is a living-information dashboard that appears with live broadcasts when the TV is turned on and can be used with a TV and remote without installing an app or signing up. It offers weather forecasts, headlines, market indices and local information, with additional features such as linking Google Photos.

Telecommunications & Media

KCCM initiates review of SK Broadband change approval for corporate split

The Korea Communications and Media Commission (KCCM) is starting a review of a change approval request related to SK Broadband\'s corporate split. SK Telecom plans to split SK Broadband into a surviving entity for wired telecoms and media and a new entity, SK Horizon, for AI data centres and submarine cable business. KCCM also received a plan to pursue administrative sanctions against YTN and Yonhap News TV, and approved a 30 million won penalty for IHQ.

Telecommunications & Media

Cable TV broadcasting fund burden equals 168 percent of operating profit; Kim Jong-cheol says reform urgent

Cable TV operators facing business difficulties are paying broadcasting and telecommunications development fund levies equal to 168 percent of operating profit, a lawmaker said. Lee Yeon-hee raised the issue with Kim Jong-cheol at a parliamentary audit, arguing rules exempt some broadcasters from payments when they post net losses but exclude cable TV operators. Kim said media laws have missed chances to keep pace and called for an integrated media law.