Korean streaming platforms Tving and Seezn have announced plans to merge. The consolidation move is seen as a means to counter the dominance of Netflix, which is by far the largest subscription vid…
have announced plans to merge. The consolidation move is seen as a means to counter the dominance of Netflix, which is by far the largest subscription video player in the country.
Tving CEO Yang Ji-eul said the enlarged entity aims to become the world’s No. 1 K-content platform by utilizing the “content production infrastructure and communication technology of both companies.” Media Partners Asia reported that at the end of 2021, there were 14.1 million paid-for video subscriptions in Korea
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