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Telecommunications & Media

LG Hellovision Q1 revenue 255.4 billion won, down 18.5 percent year on year

LG Hellovision said on Wednesday its first-quarter revenue fell 18.5 percent from a year earlier to 255.4 billion won, while operating profit dropped 28.4 percent to 5.1 billion won. Net profit was 3.0 billion won. It cited a shrinking education smart device supply market, weak paid TV demand and regional business portfolio adjustments. Operating profit improved 13.0 billion won from the previous quarter, turning positive.

Telecommunications & Media

Netflix BTS concert draws 18.4 million viewers worldwide on day of show; buffering and subtitle lag need fixes

Netflix livestreamed BTS\' comeback concert at Seoul\'s Gwanghwamun Square and said 18.4 million viewers watched worldwide that day. The show was carried exclusively to more than 190 countries and regions, and Netflix said it ranked in weekly top 10 lists in 80 countries and was No. 1 in 24. Viewers reported buffering, freezes, low video quality, delayed subtitles and frequent audience shots, raising questions about unicast streaming limits during traffic spikes.

AI & Enterprise

How Netflix can live stream BTS Gwanghwamun concert to 300 million subscribers

A BTS concert in Seoul\'s Gwanghwamun on March 21 will be broadcast live worldwide on Netflix to more than 300 million subscribers, drawing attention for its technology. Unlike video-on-demand, live streaming must capture and encode video in real time and deliver it simultaneously to hundreds of millions of devices. Netflix uses an AWS-based live infrastructure with dual-region redundancy, real-time encoding and distribution via its Open Connect CDN. The stream will process up to 38 million system events per second.