Sony Pictures Television Intl. has signed a day-and-date video-on-demand deal with Korea Telecom. It allows KT to screen current and future Sony movies on its Mega TV Internet Protocol Television platform at the same time as the local homevid release.
Deal is similar to one Sony struck last year in Singapore following the launch of IPTV services in that country.
IPTV is set to grow rapidly in Korea following the passing of enabling legislation last year. KT launched Mega TV nationwide in July 2007, making it available to its 6.52 million high-speed Internet users. Mega TV had 590,000 subscribers as of April 16; company expects to increase total to 1.5 million by the end of the year.
Disney has a VOD deal with KT and with its rival, Hanaro Telecom’s HanaTV, though the latter pact does not include a day-and-date element. Sony also has a VOD-via-mobile deal with SK Telecom.
Titles covered by the new KT deal include “Vantage Point,” “The Water Horse,” “Across the Universe,” “CJ7,” “Hancock” and “21,” as well as TV series “Damages” and “Cashmere Mafia.”