Please wait while we enable your Account


Contacting Amazon Web Services
Deploying Cloud Servers, Storage, Transcoding & Database Servers
Deploying Global CDN
Deploying Firewall & Enabling Security Measures
Deploying the CMS & Admin Module
Deploying Website, Mobile & TV Apps framework
Creating your FTP account
Finishing up all the modules
Preparing for launch

Lotte Cinema to begin OTT service in June

Roshan Dwivedi Published on : 09 April 2018

Lotte Cinema, the leading multiplex unit of South Korea will be embarking on its OTT journey to avoid the potential stagnancy in the number of cinemagoers. The company is planning to create a growth engine after witnessing a decrease in the number of cinemagoers. Netflix which is a big success in South Korea is also one of the reasons that Lotte is betting on online video streaming platform as a standalone product to reach as many customers possible.

Lotte Cinema plans to offer the OTT service as a transactional video on demand type, which means customers can purchase content on a pay per view basis like Google Play and iTunes.

Currently, Korea’s top three telecom companies SK Telecom, KT and LG Uplus are also providing mobile video streaming services through their mobile apps. If reports are to be believed, South Korean OTT market is estimated to reach 780.1 billion won ($731 million) by 2020.


Written by: Roshan Dwivedi

Add your comment

Leave a Reply

Your email address will not be published.

Try Muvi One free for 14 days

No Credit Card Required
Your website will be at, you can change this later.

Upcoming Webinar
June 27

9:00AM PST

Leveraging Analytics for Success in the Streaming Industry

A streaming platform’s success is crucially dependent on data. In today’s competitive streaming landscape, data is king. This webinar will unlock the secrets of using analytics to gain…...

Event Language: English
30 Minutes