0
Video

SK Broadband to invest KRW 320 bln in content services

Wednesday 9 March 2016 | 10:42 CET | News
IPTV operator SK Broadband plans to invest KRW 320 billion (approximately USD 266.44 million) to create a content creation ecosystem after acquiring pay-TV operator CJ HelloVision. Under the 1-year investment plan, SK Broadband will allocate KRW 220 billion in helping content creators, The Korea Times reports, citing SK Broadband CEO Lee In-chan. The remaining amount will be used to support content industry startups.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Categories: Broadcast & Satellite / Internet
Companies: SK Broadband
Countries: Korea, Republic of
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

KT to launch virtual reality service on IPTV platform by year-end

Published 13 Sep 2018 09:45 CET | Korea, Republic of
South Korean mobile operator KT will launch a virtual reality service on its Internet protocol television platform by the end of ...

SK Telecom to invest KRW 5 tln in self-driving cars, AI, IoT

Published 12 Jan 2017 09:14 CET | Korea, Republic of
South Korean operator SK Telecom has announced it plans to invest KRW 5 trillion in the development of artificial intelligence ...

South Korea, China to expand partnership on VR market

Published 21 Mar 2016 11:55 CET | China
South Korea has announced it will strengthen its cooperation with China for the development and marketing of virtual reality (VR) ...

CJ Hellovision shareholders approve takeover by SK Telecom

Published 02 Mar 2016 10:52 CET | Korea, Republic of
Shareholders of CJ Hellovision, a South Korean channels and internet TV services provider, have agreed to the company's takeover ...

SK Telecom opens media department to boost platform services

Published 18 Dec 2015 12:44 CET | Korea, Republic of
South Korean mobile operator SK Telecom is opening a media department. The operator has appointed Lee In-chan, who currently ...

KT, LG to fight SK's acquisition of CJ HelloVision - report

Published 22 Nov 2015 11:23 CET | Korea, Republic of
South Korean mobile operators KT and LG Uplus plans to oppose SK Telecom's planned acquisition of CJ HelloVision, The Korea Times ...

SK buys 30% stake in CJ Hellovision for KRW 500 bln

Published 02 Nov 2015 12:17 CET | Korea, Republic of
South Korean operator SK Telecom will acquire a 30 percent stake in cable channels and internet TV services provider CJ ...





Calendar   /   Industry Events

18 Oct Apple Event
19 Oct A1 Telekom Austria Q3 2021
19 Oct Tele2 Q3 2021
19 Oct Netflix Q3 2021
19 Oct Iridium Q3 2021
19 Oct Arm DevSummit
19 Oct Pixel Fall Launch
19 Oct Arm DevSummit
20 Oct Crown Castle Q3
20 Oct Verizon Q3 2021
20 Oct Elisa Q3 results
20 Oct Bango strategy day
20 Oct Samsung Unpacked Part 2
21 Oct AT&T Q3 2021
21 Oct Orange Belgium Q3 2021
21 Oct Telenor Q3 2021
21 Oct Intel Q3
21 Oct Telia Q3 results
21 Oct Snap Q3
22 Oct Doro Q3 results
22 Oct Ericsson Q3 2021
::: More Calendar Items