Search results for Wavve
Telecommunications & Media
Samsung, LG smart TVs seen as global distribution route for K-content as FAST emerges as alternative
A proposal has emerged to use Samsung and LG smart TVs already deployed worldwide as infrastructure to distribute Korean content globally. As plans to combine domestic streaming services into a single platform stall, free ad-supported streaming TV, or FAST, is gaining prominence. Speakers at a policy forum cited rapid growth forecasts for the global and domestic FAST markets and highlighted Korean TV makers\' large installed base. They also called for policy support, content localization funding and a unified control tower across ministries.
Telecommunications & Media
New broadcast media commission launched but OTT regulation still split across three ministries
South Korea\'s new Broadcast and Media Communications Commission held its first full meeting and began formal operations, but regulation of over-the-top video services remains split across three ministries. Under current law, OTT is classified as a value-added telecommunications service, with the science ministry handling platform and telecom areas and the culture ministry overseeing ratings and video promotion. Officials say they are seeking to resolve jurisdictional issues through an audiovisual media services law, as OTT use rises and fairness concerns persist.
Telecommunications & Media
Korean carriers\' own OTT era ends as IPTV-led reshuffle accelerates
LG Uplus is moving toward shutting down its U+Mobiletv service, effectively ending the era of homegrown OTT services by South Korea’s three mobile carriers. The industry is shifting away from standalone OTT platforms and toward IPTV-led strategies that link existing IPTV subscriber bases with mobile services. SK Telecom and KT have already wound down their own OTT services, while carriers focus on companion apps, integration features and content investment to strengthen competitiveness.
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People
Wavve appoints Lee Yang-gi as new CEO
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Telecommunications & Media
Wavve introduces HDR picture and immersive audio for sports broadcasts
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Telecommunications & Media
Tving, Wavve to share original content, expanding K-OTT cooperation
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Finance
BankSalad recommends popular dining-focused cards for discounts and cashback
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Telecommunications & Media
LG HelloVision says YouTube-style editing, scheduling drove Hello Life to gold button
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Games & Commerce
Netflix sets record 15.16 million users in South Korea in December
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AI & Enterprise
OTT growth spurs debate on broadcast telecom fund overhaul, but prospects remain unclear