Wavve, one of the largest Korean-owned video streaming platforms, has announced a plan to buy out KOCOWA, a specialty distributor of Korean content in the Americas. Wavve says that the acquisition …
, a specialty distributor of Korean content in the Americas. Wavve says that the acquisition will accelerate its advance into the American and global marketplaces.
KOCOWA currently offers Korean content to subscribers in some 30 countries in the Americas, including the U.S., Canada, Mexico, and Brazil. It has its own streaming application ‘KOCOWA+’ and also distributes content to local OTT and cable TV service providers including Amazon Prime Video, Google TV, Rakuten Viki, Roku, Comcast Xfinity, Xumo, and COX.
“With the acquisition KOCOWA, Wavve plans to gradually expand its global business and strengthen its strategic partnership with global media groups to facilitate joint investment in content and grow the subscriber base,” said Lee Tae-hyun, the CEO of Wavve.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Valentino Taps Daniel Paltridge as CEO for the AmericasValentino’s Americas division has a new CEO The Rome-based fashion house has appointed Daniel Paltridge as its chief executive officer for Americas.
Read more »
First Mover Americas: Bankrupt BlockFi Asks U.S. Court for Greenlight on WithdrawalsCrypto lender BlockFi is looking to restart certain customer withdrawals and FTX is attempting to recoup voluntary payments made to third parties. LedesmaLyllah reports.
Read more »
First Mover Americas: One of The Largest Bitcoin Miners Goes BankruptCore Scientific, one of the largest bitcoin miners by computing power, has filed for bankruptcy. Also, Sam Bankman-Fried will begin the extradition process. LedesmaLyllah writes
Read more »
Big Bet Trailer Previews Hulu's South Korean Crime DramaHulu has dropped the official Big Bet trailer for the forthcoming crime drama series starring Oldboy actor Choi Min-sik.
Read more »
South Korean court freezes $92M in assets related to Terra tokensSouth Korea is freezing more assets related to Terra amid global authorities continuing to search for Terraform Labs' controversial founder and CEO, Do Kwon.
Read more »
Samgyetang (Korean Rice-Stuffed Chicken Soup) RecipeInstead of shreds of chicken and vegetables, this classic Korean chicken soup offers up whole small birds stuffed with sticky rice and aromatic goodies.
Read more »