Telecommunications & Media
Paid TV content fee showdown: PP calls for withdrawal, SO cites coexistence measures
South Korea’s programme provider industry demanded cable TV operators withdraw new standards for calculating content usage fees, saying they deny the value of broadcast content and could deepen funding shortages for production. Providers said the rules were set unilaterally and could cut fees by about 77.5 billion won over three years. Cable operators countered that revenue from subscription fees and home shopping carriage fees is falling and payment ratios have risen above 90 percent of subscription revenue.
