The immensely popular Pinkfong 'Baby Shark Dance' has become the first video on YouTube to break through the 10 billion view mark.The music video was released by Pinkfong Co. in June 2016. In November 2020, it was listed in the Guinness Book of World Records as the world’s No. 1 video in ter
Netflix has stressed in a statement of reason for appeal that its Open Connect Appliance (OCA) technology can effectively deal with traffic growth on content delivery networks, reiterating its position that it does not need to pay network usage fees to internet service providers.OCA is a cache serve
Samsung Electronics and Apple are preparing to launch tablet PCs that are much bigger than current models. The move is intended to expand table PC ecosystems by targeting a market segment for products with large screens.Samsung Electronics is preparing to launch the Galaxy Tab S8 Ultra with a 14.6-i
Lawmaker Yang Jung-suk tabled a bill to force major value-added common carriers to conclude contracts and pay adequate costs regarding the use of an information and communications network.“The data traffic that Netflix caused in relation to SK Broadband was 50 Gbps in May 2018 and 1,200 Gbps in Sept
Netflix India recently cut the price of its basic service from 499 rupees to 199 rupees. At the same time, the prices of standard and premium were lowered to 499 rupees and 649 rupees, respectively. The prices are approximately 50 percent of those applied to South Korean users. In South Korea, Netfl
The author is an analyst of NH Investment & Securities. She can be reached at hzl.lee@nhqv.com. -- Ed. Thanks to the strengthening bargaining power of K-content, the media/entertainment industry has entered a re-rating phase. In 2022, Studio Dragon should enjoy: 1) captive drama slots; and 2) earnin
The Ministry of Science and ICT announced on Dec. 7 that it prepared a guideline regarding the implementation of the revised Telecommunications Business Act. The revised act became effective on Dec. 10, 2020 and is applied to six large value added common carriers (VACCs) so that their services provi
"Hellbound" topped the Netflix Japan chart on Nov. 25, followed by five Korean dramas and one Korean film. Those are "The King's Affection" of KBS2, "Squid Game," "Touch Your Heart" of tvN, "Crash Landing on You" of tvN, "Itaewon Class" of JTBC, and "My Sassy Girl." In addition, "Hometown Cha-Ch
Netflix reiterated on Nov. 25 its stance against paying network usage fees to internet service providers (ISPs). Netflix is having a legal battle with SK Broadband with regard to the Korean ISP’s demand that it pay network usage fees.Rep. Kim Sang-hee, deputy speaker of the National Assembly and a m
Samsung Electronics ranked second in YouGov’s Best Brand Rankings 2021, which was based on consumer perceptions in 54 markets around the world. The Korean tech giant rose by two notches from fourth place in 2020, beating Netflix and YouTube.YouGov is British market research firm. It announced this y
The author is an analyst of NH Investment & Securities. She can be reached at hzl.lee@nhqv.com. -- Ed. In 2021, Butter, by Korean boy group BTS, stayed on top of the Billboard Hot 100 chart for 14 weeks in a row, and Korean drama Squid Game became the most watched show on Netflix. In our view, these
The author is an analyst of NH Investment & Securities. She can be reached at hzl.lee@nhqv.com. -- Ed. J Contentree’s broadcasting business is on the verge of a substantial strengthening in global track record. In addition to Hellbound (November), Snowdrop (December), and All of Us Are Dead (Jan 202
The author is an analyst of NH Investment & Securities. She can be reached at hzl.lee@nhqv.com. -- Ed. K-pop, which has established itself in the global market based on its unique fandom culture, is set to expand its presence into the metaverse and NFT domains. Global awareness of K-content has leve
The author is an analyst of NH Investment & Securities. She can be reached at hzl.lee@nhqv.com. -- Ed. 3Q21 review: Insufficient programming + initial investment in subsidiaries + slow recovery at theatersWe maintain a Buy rating and TP of W73,000 on J Contentree. Moving ahead, the firm should enjoy
Global OTT platforms are showing an increasing interest in South Korean content producers after the Squid Game became popular worldwide.According to industry sources, Netflix is planning to invest 550 billion won, up 65 percent from a year ago, in content production in South Korea this year. The com
Reuters reported on Oct. 19 that the number of Netflix users increased by 4.38 million in the third quarter of this year and the current number is approximately 213.6 million.According to Netflix, the number is expected to increase by 8.5 million for the rest of this year, with Squid Game enjoying h
Samsung Electronics announced on Oct. 18 that it has sold 600,000 Smart Monitors worldwide since the launch of the all-new product in December last year.The monitor comes with a “do-it-all” screen that can be used to watch content from Netflix, Apple TV, YouTube, etc and can also be connected to the
The author is an analyst of NH Investment & Securities. She can be reached at hzl.lee@nhqv.com. -- Ed. Operating losses are inevitable due to the slow recovery of the movie theater business in 3Q21. However, expectations for the broadcasting business are building. On top of expectations surrounding
KT announced on Oct. 13 that it has signed a mobile partnership contract with Disney's Korean subsidiary, Walt Disney Company Korea. KT plans to release a new wireless plan in time for the start of Disney+’s domestic service on Nov. 12.KT wireless customers who subscribe to this plan will be abl
The authors are analysts of Shinhan Investment Corp. They can be reached at snowKH@shinhan.com and wonyong.sim@shinhan.com, respectively. -- Ed. Initiate coverage with BUY for a target price of KRW28,000We initiate coverage of Wysiwyg Studios with BUY for a target price of KRW28,000, based on 2022F