Partners keen on Cyworld users sending film, TV files
South Korea’s legal download sector took a great leap forward in November with the launch of two download services.On Nov. 7, Warner Bros. Home Video and broadcaster MBC pacted with Internet firm SK Communications to expand its new download service to Internet portals Cyworld and Nate, starting in January. The partners are especially keen on enabling users of social networking site Cyworld to send film and TV files as gifts. Content will be priced at 7,000 won ($7.40) per feature film and $2.65 per TV episode. Meanwhile, telco KTH has joined forces with Internet portal Paran to provide content in streaming and downloaded formats. For a monthly fee of $10.50, users will be able to download films and TV episodes to various devices and watch them over a set period of time. KTH, the largest shareholder in leading production house Sidus, is expected to hold an edge in providing local content to users. South Korea is a hotbed of illegal downloads, a situation that has stunted the growth of its DVD sector and forced film companies to rely on the theatrical sector for 70%-80% of revenues.
Want Entertainment News First? Sign up for Variety Alerts and Newsletters!