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Telecommunications & Media
Broadcast Media Telecommunications Commission moves to build K-FAST ecosystem to open 47 trillion won overseas market
South Korea\'s Broadcast Media Telecommunications Commission is moving to build an advertising-supported free streaming TV (FAST) ecosystem, saying the media industry needs to develop strategies around global distribution platforms such as FAST as advertising revenue declines. At a corporate meeting in Suwon on June 4, the commission heard views from platform operators, broadcasters, channel operators and technology firms. The global FAST market is forecast to grow to 47 trillion won by 2030 from 18 trillion won in 2025.
Telecommunications & Media
DLive TV to distribute local content to 20 countries via Prime Video
DLive TV, which operates DLive’s regional channels, will provide its original content to global viewers in 20 countries through Amazon Prime Video, it said on Wednesday. Since March 26, it has been distributing five programmes including “Forest of Wisdom” and “The Docent” to markets such as the United States, Britain, Canada and Australia. It plans to upload 72 episodes sequentially.
Telecommunications & Media
K20 to produce FAST original \'Shine on in Seoul\'
K20, a global free ad-supported streaming TV (FAST) channel operator, said on May 11 it will produce the K-fashion and beauty reality programme \'Shine on in Seoul\'. The show follows foreign participants living in South Korea as they experience K-fashion and beauty. It is being filmed at locations including Seoul’s Dongdaemun Design Plaza and is being made for global airing in July.