South Korean video streaming platform Wavve is to supply Korean content to NBC Universal, under a deal announced Sunday. Content Wavve is a consortium established last year involving the country’s …
Content Wavve is a consortium established last year involving the country’s three terrestrial broadcasters, KBS, MBC and SBS, and local telecoms firm SK Telecom.
Korean TV dramas, known for their strong production values, have been hugely popular across large parts of Asia. They were the initial programming bedrock of multi-territory Asian OTT platform Viu, and have been a growing feature for Netflix, which has added content through a combination of license deals and content partnerships.Communications Service, South Korea’s OTT market was valued at $520 million having more than doubled in size since 2016.
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