[Concall] LG Uplus "Based on Netflix Partnership Experience... Will Open OTT Partnerships Without Domestic or International Distinction"
[Asia Economy Reporter Koo Chae-eun] LG Uplus stated in its Q2 earnings conference call that "based on our partnership experience with Netflix, our top priority in future partnership strategies will be an open partnership approach without distinction between domestic and international markets."
LG Uplus said, "We will establish our OTT strategy by examining service competitiveness, platform media leadership, and changes in the telecommunications media market."
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They evaluated that smart home revenues, including IPTV, are showing steady growth. LG Uplus mentioned, "Although there is a risk of decreased VOD advertising revenue from next year onward, we will strive to maintain double-digit growth rates."
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