Korean Telecom announced a content partnership agreement with Discovery that includes the launch of a production company by Discovery Networks Asia Pacific and Skylifetv to create original, high-quality, non-scripted Korean entertainment content both for Korean and International audiences.
The agreement was ratified during a signing ceremony at the Four Seasons Hotel, Seoul in the presence of Mr. Hyun-Mo Koo (President, KT Customer & Media), Mr. Kook-Hyun Kang (CEO, KT Skylife), Mr. Yong-phil Yoon (CEO, SkylifeTV) and Mr. Simon Robinson (President, Discovery Networks Asia Pacific & CFO International).
This exciting new content partnership will launch by the end of the year and will focus on producing high quality, Korean content for both companies to be broadcast across SkylifeTV channels, Discovery’s Korea channel and Discovery’s global network, creating opportunities for the content to reach Korean-language audiences internationally. The JV will also be responsible for the distribution of all content it creates across every media and platforms.
Since the beginning of 2019, Skylifetv has been ramping up its investment in original content including successful shows such as Welcome to My House, Fresh Husband, Song and Kim’s Top Movies, and most recently, We Play.
The company is committed to continue investing in original productions and to strengthen its market competitiveness by securing top quality content brought by this new business opportunity.
As KT’s subsidiary channel operator, skylifeTV runs total 8 channels including skyDrama, skyENT, skySports as Multiple Program Provider (MPP).