Comment on KT Invests in Production as Netflix Stretches Streaming Lead in Korea

KT Invests in Production as Netflix Stretches Streaming Lead in Korea

Korea Telecom has unveiled plans to inject $150 million into its media unit allowing it to expand its content production capacity. The move comes at a time when already high competition for Korean content is set to intensify further. KT said that it will buy new shares in KT studio Genie, the unit formed earlier […]

 

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