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South Korea deregulates pay TV

It will apply the same regulation to the entire national pay television industry, unifying the operating licenses of cable TV, satellite broadcasting and IPTV service providers.

The South Korean government plans to deregulate the domestic pay television industry to facilitate mergers and acquisitions between cable television, satellite broadcasting and IPTV service providers with the intention of improving their competitiveness in the global market.

The Ministry of Science, ICT and Future Planning has assured that the government intends to apply the same regulation to the entire national pay television industry, unifying the operating licenses of cable TV, satellite broadcasting and IPTV service providers.

South Korea would thus eliminate the 33% participation limit applied to satellite broadcasting companies in cable television operators, allowing the merger of satellite broadcasting service providers with those dedicated to IPTV services.

By, 4 Jan, 2017, Section:IP, Business, Satellite, Television

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