Disney + lands in South Korea amid competition in the video streaming market

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Disney + logo (Walt Disney)

Disney +, the flagship streaming service of US media giant Walt Disney Co., landed in South Korea on Friday, heating up competition in the country’s video streaming market.

The streaming service is now available on its website or in the Apple App Store for iPhones and the Google Play Store for Android devices.

The service distributes various Disney, Pixar, Marvel, Star Wars, National Geographic, and Star movies and TV series, showing off their original content hits, like “Loki” and “The Mandalorian.”

The move will intensify competition in the South Korean paid video streaming market led by Netflix.

Disney’s service is competitively priced in South Korea compared to its competitors, with a monthly subscription of 9,900 won ($ 8.50), compared to Netflix’s lowest monthly price of 9,500 won.

Disney said earlier that a spin-off of the long-running South Korean TV show “Running Man” was among the Korean originals to appear on the platform.

The nearly 2-year-old streaming service had already racked up 116 million subscribers worldwide in July thanks to its plethora of popular content.

LG Uplus Corp., a leading South Korean mobile operator, is offering Disney + through its Internet Protocol TV platform in an effort to strengthen its competitiveness against rivals KT Corp. and SK Telecom Co. (Yonhap)


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