TVING () is a South Korean
online streaming service operated by TVING Corporation, a joint venture of
CJ E&M
CJ E&M (Hangul: 씨제이이앤엠, an initialism for CJ Entertainment & Media) is a South Korean entertainment and mass media company created by CJ Group in 2011. As of July 2018, CJ E&M is a division of CJ ENM.
History
CJ E&M was established a ...
(
CJ Group
CJ Group () is a South Korean conglomerate holding company and one of the largest Chaebol headquartered in Seoul, South Korea. It comprises numerous businesses in various industries of food and food service, pharmaceutics and biotechnology, enter ...
),
Naver
Naver (Hangul: 네이버) is a South Korean online platform operated by the Naver Corporation. It was launched in 1999 as the first web portal in South Korea to develop and use its own search engine. It was also the world's first operator to in ...
and
JTBC
JTBC (shortened from ''Joongang Tongyang Broadcasting Company'' (; stylized as jtbc) is a South Korean nationwide pay television network. Its primary shareholder is JoongAng Holdings, with a 25% stake. It was launched on 1 December 2011. JTBC ...
. It is a platform that streams dramas, entertainment shows, exclusive
television film
A television film, alternatively known as a television movie, made-for-TV film/movie or TV film/movie, is a feature-length film that is produced and originally distributed by or to a television network, in contrast to theatrical films made for ...
s and
specials.
History
TVING was launched on May 31, 2010, by CJ HelloVision. In January 2016, the service was transferred to CJ E&M. On September 17, 2019, CJ E&M and JTBC signed an
MOU to establish a joint venture company to operate the service. On October 1, 2020, the joint venture company was launched as TVING Corporation and Yang Ji-eul became the first CEO of the entity. On April 29, 2021, TVING announced that it would no longer provide real-time TV channels for free with paid subscription needed in order to view the content moving forward. On June 30, 2021, it was announced that
Naver
Naver (Hangul: 네이버) is a South Korean online platform operated by the Naver Corporation. It was launched in 1999 as the first web portal in South Korea to develop and use its own search engine. It was also the world's first operator to in ...
has invested billion into TVING Corporation, making Naver the second largest shareholders at 15% after CJ E&M.
During the TVING Connect online event, they were planned to launch the service in Japan & Taiwan by 2022. TVING has also currently on further discussion with Naver subsidiary,
Line Corporation
Line Corporation is a Tokyo-based subsidiary of Z Holdings, which is jointly owned by Softbank Group and Naver Corporation. The company's business is mainly associated with the development of mobile applications and Internet services, particular ...
, for launching the platform in other Asian countries as well. TVING may also planned to launch on America & Europe in the near future.
In early December 2021,
CJ ENM
CJ ENM (, CJ Entertainment aNd Merchandising) is a South Korean entertainment and retail company founded in 2018.
CJ ENM was established as a result of the merger of two CJ Group subsidiaries, CJ E&M and CJ O Shopping respectively, in July 20 ...
has partnered with
Paramount (formerly ViacomCBS) to launch
Paramount+
Paramount (from the word ''paramount'' meaning "above all others") may refer to:
Entertainment and music companies
* Paramount Global, also known simply as Paramount, an American mass media company formerly known as ViacomCBS. The following busin ...
as content hub on TVING, which set to be launched on June 16, 2022. They also unveiled to co-produce K-drama from both CJ (including
Studio Dragon
Studio Dragon Corporation () is a South Korean drama production, marketing and distribution company under CJ ENM's E&M division. It was established on May 3, 2016, as a spin-off from E&M Media Content.
The company joined the KOSDAQ index of Ko ...
and newly formed CJ ENM Studios) and Paramount. Their first co-produced K-drama was TVING original science fiction drama ''
Yonder'', which set to be premiered on Paramount+ outside Korea.
In July 2022,
CJ ENM
CJ ENM (, CJ Entertainment aNd Merchandising) is a South Korean entertainment and retail company founded in 2018.
CJ ENM was established as a result of the merger of two CJ Group subsidiaries, CJ E&M and CJ O Shopping respectively, in July 20 ...
and telecom giant
KT announced that KT own streaming platform will be merging with TVING. Once both of the streaming platform merged, TVING will become Korea's largest streaming platform and will be competing with
Netflix
Netflix, Inc. is an American subscription video on-demand over-the-top streaming service and production company based in Los Gatos, California. Founded in 1997 by Reed Hastings and Marc Randolph in Scotts Valley, California, it offers a fil ...
,
Disney+
The Walt Disney Company, commonly known as Disney (), is an American multinational mass media and entertainment
Entertainment is a form of activity that holds the attention and interest of an audience or gives pleasure and deligh ...
, among others, such as
SK Telecom
SK Telecom Co., Ltd. ( or ) is a South Korean wireless telecommunications operator and former film distributor and is part of the SK Group, one of the country's largest chaebols. It leads the local market with 50.5 percent share as of 2008. S ...
's and fast-growing
Coupang Play
Coupang ( ko, 쿠팡) is a South Korean e-commerce company based in Seoul, South Korea, and incorporated in Delaware, United States. Founded in 2010 by Bom Kim, the company expanded to become the largest online marketplace in South Korea. I ...
. The merger has been approved by the Korean FTC in late October, which unlikely to increase the price of their subscriptions alongside to carried
tvN TVN may refer to:
* TVN (Australian TV channel), a former horse racing channel
* Televisión Nacional de Chile, a public broadcaster
* TVN (Indonesia), a former television station; predecessor of Rajawali Televisi
* TVN (Norway), or TVNorge, a comm ...
dramas other than just themselves.
Original programming
Drama
Entertainment
Film
Special
Availability
See also
*
List of streaming media services
An over-the-top media service is a streaming media service offered directly to viewers via the Internet. OTT bypasses cable, broadcast, and satellite television platforms, the companies that traditionally act as a controller or distributors of s ...
Notes
References
External links
*
{{Lists of TV programs by country
Internet television streaming services
2020 establishments in South Korea
Internet properties established in 2020
IOS software
Android (operating system) software
2020 software
Subscription video on demand services