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Telecommunications & Media

Cable TV urges new commission to carry on review of lowering fund levy to 1.3 percent

South Korea\'s cable TV industry urged the Broadcast Media Communications Commission to continue talks on lowering the broadcast development fund levy, after the science ministry was understood to have reviewed cutting the rate for system operators to 1.3 percent from 1.5 percent. The commission said it will commission research to review the overall levy system, making changes hard before an August decision. Experts cited worsening profitability and called for revisions, including differentiated relief for loss-making operators.

Telecommunications & Media

LG HelloVision launches genre-focused VOD monthly subscription zone

LG HelloVision launched a genre-focused VOD streaming service called the \"monthly subscription zone\" on its cable TV service Hello tv, it said on Tuesday. The first service is a Chinese drama-only zone created in partnership with AsiaN, an Asia content-focused programming provider. The service is available on Hello tv channel 133 and allows monthly subscribers to automatically play a lineup of Chinese dramas consecutively.