Nowcom () founded in 1994, was a

South Korea South Korea, officially the Republic of Korea (ROK), is a country in East Asia, constituting the southern part of the Korea, Korean Peninsula and sharing a Korean Demilitarized Zone, land border with North Korea. Its western border is formed ...

n IT Company. Effective 2011, this corporate entity changed its name to AfreecaTV Co., Ltd () after the AfreecaTV Co.,Ltd-ZettaMedia split. The first service of Nowcom in South Korea was ''Nownuri'' which is VT-based online BBS started in 1994 and currently they operate ''

Afreeca AfreecaTV ( ko, 아프리카TV, short for "Any FREE broadCAsting") () is a P2P technology-based video streaming service. It is now owned and operated by AfreecaTV Co., Ltd. in South Korea after Nowcom's AfreecaTV Co., Ltd and ZettaMedia split in ...

'', ''

TalesRunner ''Tales Runner'' is a massively multiplayer online game created by the South Korean company Rhaon Entertainment and published by Smilegate. It combines the genres of social, fantasy and racing games; players compete by running, jumping, dashing ...

'', ''O2Jam'' and ''ClubBox'' as well as ''Nownuri''. Nowcom was merged by Wins Technet, a listed IT company, at January 2008 and listed on

KOSDAQ KOSDAQ (acronym of Korean Securities Dealers Automated Quotations, Korean: 코스닥) is a trading board of Korea Exchange (KRX) in South Korea established in 1996. Initially set up by Korea Financial Investment Association as an independent stoc ...

with its original name though and worked together for 3 years, but finally they have been separated again to two companies as they were. Nowcom is still listed on KOSDAQ. In July 2011, Nowcom announced that its assets would be split into one publicly traded company and the other privately held company. Another firm known as ZettaMedia was also established at that date and is a new spin-off company created during the split.

Services

: Online TV with P2P video streaming service. Users can upload their own videos as well as live video streams. *

Racing video game Racing games are a video game genre in which the player participates in a racing competition. They may be based on anything from real-world racing leagues to fantastical settings. They are distributed along a spectrum between more realistic rac ...

* O2Jam:

Music video game A music video game, also commonly known as a music game, is a video game where the gameplay is meaningfully and often almost entirely oriented around the player's interactions with a musical score or individual songs. Music video games may take a ...

* ClubBox: Web storage service for any internet community * Nownuri: Classic VT BBS * NOWCDN: CDN service for massive file distribution such as game clients

Split

In July 2011, Nowcom announced that, after concerns from business differences between AfreecaTV and ClubBox, Nowcom's assets would be split into one publicly traded company, one oriented towards webcasting and online game development, and the other privately held company towards contents, media, and web storage. The split formally took place on July, 2011; where the present Nowcom was renamed AfreecaTV Co., Ltd. and consists primarily of ''

'', ''

'', and ''O2Jam'', while a new ZettaMedia was formed to take on ''Nownuri'', PDBox, and ''ClubBox''.

References

External links

Nowcom Website
Software companies of South Korea Entertainment companies of South Korea Defunct video game companies of South Korea Video game publishers Video game development companies Entertainment companies established in 1994 Video game companies established in 1994 South Korean companies established in 1994 {{tech-company-stub