CJ ENM, SK Square invest $179 mn in Wavve ahead of merger with TVing

South Korean entertainment powerhouse CJ ENM Co. and SK Group’s investment arm SK Square Co. have invested a combined 250 billion won ($179 mi...

Wavve to enter European, Oceanian OTT markets

South Korea's over-the-top (OTT) platform company Wavve announced on Wednesday that it plans to enter European and Oceanian OTT markets through it...

CJ ENM, SK Square to merge OTTs to take on Netflix

CJ ENM Co., South Korea’s entertainment powerhouse, and SK Square Co., an investment unit of the country’s No. 2 conglomerate SK Group, ...

Video streaming platform Wavve acquires K-content provider KOCOWA

South Korea’s OTT platform Wavve has acquired Los Angeles-based content platform KOCOWA, short for Korean Content Wave. KOCOWA is a US online ...

Wavve to pump $885 mn into original content amid fierce OTT competition

South Korea's over-the-top (OTT) service Wavve will invest a total of 1 trillion won ($885 million) to produce original content by 2025 to gain more...