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Top related persons:
Mike Blake - 1 Joyce Lee - 1 Jacqueline Wong - 1 Simon Cameron - 1 Moore - 1
Top related locs:
Los Angeles , California U.S Rights SEOUL Korean
Top related orgs:
Netflix - 1 REUTERS - 1 Rights - 1 SK Broadband - 1 Netflix Inc - 1 SK Telecom - 1 SK - 1 Thomson - 1

Search resuls for: "SK Broadband"


3 mentions found


☆ S.Korean broadband firm, Netflix says ending all disputes over costs
  + stars: | 2023-09-18 | by ( Joyce Lee | ) www.reuters.com   time to read: +1 min
The Netflix logo is shown on one of their Hollywood buildings in Los Angeles, California, U.S., July 12, 2023. REUTERS/Mike Blake/File Photo Acquire Licensing RightsSEOUL, Sept 18 (Reuters) - South Korean internet service provider SK Broadband and Netflix Inc (NFLX.O) said on Monday they were ending all lawsuits with each other, having earlier been in dispute over whether Netflix should pay for costs from increased network traffic and maintenance work. SK Broadband and parent SK Telecom (017670.KS) announced in a joint statement with Netflix that they had agreed on a partnership to release joint products and seek ways to use artificial intelligence (AI) products being developed by SK. "Moving forward, SK Broadband and Netflix will end all disputes with the signing of today’s partnership, and collaborate as partners for the future," the statement said. Spokespeople for Netflix and SK Broadband said both had withdrawn their lawsuits.
Persons: Mike Blake, Joyce Lee, Jacqueline Wong, Simon Cameron, Moore Organizations: Netflix, REUTERS, Rights, SK Broadband, Netflix Inc, SK Telecom, SK, Thomson Locations: Los Angeles , California, U.S, Rights SEOUL, Korean
☆ U.S. tech giants face pressure from Europe's telcos to pay for building the internet
  + stars: | 2022-10-28 | by ( Ryan Browne | ) www.cnbc.com   time to read: +8 min
Michael Bocchieri | Getty ImagesIn Europe, the battle between U.S. Big Tech companies and telecommunications firms has reached fever pitch. In May 2022, EU competition chief Margrethe Vestager said she would look into requiring Big Tech firms to pay for network costs. In South Korea, companies have similarly lobbied politicians to force "over-the-top" players like YouTube and Netflix to pay for network access. Tech companies, naturally, don't think they should pay for the privilege of sending their traffic to consumers. There's also the matter of why internet users pay their providers in the first place.
☆ Google, Netflix under scrutiny in South Korea over network fees
  + stars: | 2022-10-21 | by ( Joyce Lee | ) www.reuters.com   time to read: +3 min
REUTERS/Dado RuvicSEOUL, Oct 21 (Reuters) - South Korea's parliament saw heated debate on Friday over proposed legislation to make global content providers such as Netflix (NFLX.O) and Alphabet's (GOOGL.O) Google pay South Korean network fees. Others disagreed, saying imposing fees on the big tech companies could mean they could raise their own fees and undermine South Korean content creators. Liz Chung, a director at Netflix's South Korean unit, said her company was looking for ways to handle surging traffic. YouTube has 41.8 million active South Korean users, out of a population of 51.6 million. South Korean network provider SK Broadband has gone to court in the hope of making Big Tech pay fees.
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