Multiplay service revenue in South Korea is expected to grow at a compound annual growth rate (CAGR) of 2.4% from $6.9 billion in 2021 to $7.7 billion in 2026, driven by the steady rise in the number of multiplay households and growth in the average monthly multiplay household spending, according to GlobalData, a leading data and analytics company. GlobalData’s South Korea Multiplay Services Forecast (Q1 2022) reveals that the number of multiplay service households in the region will … [Read more...] about South Korea multiplay service revenue to grow at 2.4% CAGR over 2021-2026, forecasts GlobalData
KT Corp
South Korea pay-TV revenues to reach $6.9 billion by end of 2026, forecasts GlobalData
Pay-TV services revenue in South Korea is expected to grow marginally at a compound annual growth rate (CAGR) of 1.14%, from US$6.5 billion in 2021 to US$6.9 billion in 2026, mainly supported by the IPTV segment, forecasts GlobalData, a leading data and analytics company. GlobalData’s South Korea pay-TV Forecast reveals that IPTV services will be the only pay-TV service segment to achieve revenue growth, while DTH and Cable TV service segments will see their revenues decline over the forecast … [Read more...] about South Korea pay-TV revenues to reach $6.9 billion by end of 2026, forecasts GlobalData
ITV Studios secures pre-sales for a number of new dramas in the Asia Pacific
ITV Studios has announced a host of deals in the Asia Pacific for scripted content across its rich catalogue, including pre-sales for brand new shows Anne, The Ipcress File, Holding, Redemption, Our House and series two of Noughts + Crosses. Shows ranging from exciting new thrillers such as World Production’s ratings hit Vigil, evergreen returning titles like Endeavour and Vera and award-winning comedy series Schitt’s Creek, are also among those to land across the region. Anne (World … [Read more...] about ITV Studios secures pre-sales for a number of new dramas in the Asia Pacific
ITV Studios announces deal with China’s Pumpkin Film for Series Six of ‘Line of Duty’
ITV Studios has struck a deal with video app Pumpkin Film in China for the record-breaking hit Series Six of Line of Duty, with the show - the finale of which on BBC One has consolidated at a massive 16 million after seven days in the UK - also set to launch on Britbox in North America next week. In addition, the series written and created by Jed Mercurio and produced by the award-winning World Productions has also been picked up in a slew of deals worldwide with both linear and streaming … [Read more...] about ITV Studios announces deal with China’s Pumpkin Film for Series Six of ‘Line of Duty’
South Korea’s KT Corp. exports K-pop content via 5G
KT Corp., South Korea's largest telecommunications company, announced that it is now streaming live performances by K-pop idols aspiring for global stages to Hong Kong audiences. The new 5G-powered service began under a contract on content sale that KT signed on 15 July with China Mobile's music subsidiary, Migu, the leading Korean mobile carrier said. The contract is an extension of a 2019 memorandum of understanding on collaboration in services of 5G-based new media contents. KT is the first … [Read more...] about South Korea’s KT Corp. exports K-pop content via 5G
ITV Studios Global Entertainment Extends KT Corp Output Deal
ITV Studios Global Entertainment (ITVS GE) has extended its exclusive output agreement with KT Corp, the leading IPTV platform in Korea, and has also secured separate deals for a range of key titles in both Korea and Japan. The renewed deal with KT Corp consists of 180 hours of exclusive ITVS GE scripted and non-scripted content available to the platform, including Mammoth Screen dramas Vanity Fair, Victoria and Endeavour, as well as factual titles such as Life Cycles (Big … [Read more...] about ITV Studios Global Entertainment Extends KT Corp Output Deal
