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S. KOREAN VIDEO STREAMING COMPANY WAVVE TO INVEST $882.7 BILLION IN CONTENT

Published On 26 Mar 2021 06:40 AM


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Highlights –

  • S. Korean video streaming company Wavve to invest $882.7 billion in content.
  • Wavve will enter in a JV with SK Telecom, KBS, MBC, and SBS to produce original content.
  • SK Telecom will invest in the JV by issuing 100 billion won worth of new stocks.
  • As of last September, Wavve’s free and paid subscriptions totaled 10 million.

South Korea....


Tags : SOUTH KOREA VIDEO STREAMING COMPANY, CONTENT WAVVE CORP., WAVVE, NETFLIX INC., KBS, MBC, SBS, SK TELECOM CO.,
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