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Telecommunications & Media

Korean media fall behind global platforms; original content expansion urged

A study found the overall competitiveness of South Korea\'s major media services is lower than that of global platforms, and called for narrowing gaps in capital and content investment and integrating fragmented domestic platforms. In a survey of 32 experts, 93.8 percent agreed Korean media services face a crisis from competition with global platforms. User surveys showed domestic paid OTT services were seen at 57 to 73 percent of Netflix’s competitiveness, with expanding original content cited as the top priority.

Games & Commerce

Naver commerce tightens chase of Coupang, bolsters membership with lower Netflix upgrade fee

Naver is lowering Netflix upgrade fees for Naver Plus membership users from July 1, cutting the monthly cost of upgrading to Standard to 6,500 won from 8,000 won and Premium to 10,000 won from 11,500 won. The move follows rising new installs and monthly users for the Naver Plus Store app. Naver aims to strengthen lock-in by combining OTT, points, AI shopping and delivery within one membership.

Telecommunications & Media

Telecom operators\' user protection average score 873 points, down 13 points from year earlier

South Korea\'s Broadcasting Media Communications Commission said an assessment of user-protection work at 47 telecommunications operators showed overall performance fell or was flat from a year earlier. The average score for 39 companies, excluding eight pilot-assessment firms, was 873.3 points, down 13.4 points. Grades for large carriers generally declined. The regulator cited shortcomings among value-added operators and said it would withhold or delay penalty-reduction benefits for top-rated firms.