Disney+ to launch its services in S Korea first via LG U+ and then KT

Disney+ to launch its services in S Korea first via LG U+ and then KT

by Pranali Mehta

Disney+, the streaming service from the American entertainment behemoth, is reportedly slated to debut in South Korea first through a deal with LG U+, which is the smallest of Korea's three IPTV providers. Then it speculated that it would form a partnership with KT, the largest of the three, to broaden its reach even more. 

Disney had already previously announced November 12th as the debut date for Disney+ in South Korea, where it would be charging a monthly subscription fee of ₩9,900 ($8.40). 

At the time, however, it did not reveal who its local partner would be, fueling speculation that the two South Korean telecoms companies might be vying to deliver Disney+, a family-oriented streaming service, to their own IPTV systems. 

LG U+ CEO, Hwang Hyeon-Sik, stated on that the firm is in the last stages of discussion with Disney. According to market analysts, the business may have had a competitive edge over its rival KT since most of its IPTV set-top boxes run on Android OS, which is compatible with Disney+. 

Currently, Android is used in about 97% of LG U+ set-top boxes. LG U+ first began rolling out Android-based set-top boxes for the firm's streaming service in 2017, a year ahead of other telecoms companies, which did so by the end of 2018. At the moment, only around 30% of KT's IPTV set-top boxes run on Android OS.  

According to a statement made by Ku Hyeon-mo, the chief Executive of KT, the same day, KT will ultimately ink a collaboration with Disney. 

However, Ku clarified that bringing Disney+ content on KT's platform might take some time.  Before entering into a partnership with the American content service, KT would have to replace its old set-top boxes with suitable ones. 

Sources cite, when Disney+ starts its services, which would include a number of films and TV series that are not available on other platforms, it will enhance competitiveness in the local paid streaming industry, which is now dominated by Netflix. 

Disney+ offers a diverse selection of material from its many brands, including Disney, Pixar, Marvel, "Star Wars", and National Geographic, apart from Disney’s original TV series and films. 

Source credit: http://www.koreaherald.com/view.php?ud=20210916001031&np=1&mp=1 

Pranali Mehta

A chemical engineer by qualification, Pranali Mehta dutifully walked down the slated path and worked in a chemical firm for a year. Her passion for writing however, pushed her into experimenting with the same as a career. With over three years of experience in content writRead more...