(1)Herald Business Pick 10 hours ago, Naver Newsimage text translation
(2)Even Lee Hyo-ri put it up, but it is hard to hold out if there is a deficit of 100 billion won each The TVing Wave, which has released many hit films such as Seoul Check-in, Drunker City, Women 2, Transfer Love 2, etc. with industry official Lee Hyo-ri at the forefront
(3)One Korea Economic Pick 4 days ago, Naver News
(4)Producers are also responding that the ultra-emergency entertainment OTT platforms in the OTT industry, which have a deficit of 120 billion won, are moving to reduce content production costs as the deficit grows Even the dramas that have already been made
(5)Hankyung Business PiCK 1 day ago, Naver News
(6)The Seoul Check-in, where Lee Hyo-ri and producer Kim Tae-ho of TVing joined hands, was also a hot topic On top of that, Transfer Love 2 can make up for the deficit if the number of subscribers cruises even if the amount of investment increases
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(1)Tving had an operating loss of 119.1 billion won last year, up 56 times from 2021 Whatimage text translation
(2)Eve’s operating loss was 121.7 billion won last year, more than double the deficit of 55.8 billion won in 2021
(1)An industry official said, “Companies have intensified competition for content production to catch up with Netflix, but investment has been made.”image text translation
(2)”We didn’t see the effect of securing subscribers in comparison,” he said. “On the contrary, our dominance in the Netflix market has expanded.”
WAVE FY22 OPERATING LOSS -121.7 BLN
Tving FY22 OPERATING LOSS -119.2 BLN
Original content production costs rise endlessly because of catching up with Netflix
In addition, the deficit doubled and entered the 100 billion won range due to competition for promotion bleeding among domestic alt platforms
In order to improve the deficit, people who use it for free or get discounts now with free tickets should reduce or eliminate promotions lol
But if you get rid of free passes or discount promotions and ask me to make a real payment like Netflix, I can’t do this easily because the number of users will be ruined
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(1)Coupang Play’s Power: Coupang Wow Loyal Customer Lock-in Effectimage text translation
(2)⑥Son Heung-min, soccer, and SNL ranked first in downloads in two and a half years after the release of a specific sector differentiation
Coupang Play, on the other hand, is estimated to be in the red like TVing Wave
Coupang can’t be seen as a simple deficit
Coupang Wow-Coupang Play Lock-in Effect has a lot of synergy lol
While using Coupang, there are a lot of people who watch Coupang and ship Rocket