[Concall] LG Uplus, "Disney Plus, Cooperation Under Discussion but Nothing Confirmed"
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[Asia Economy Reporter Eunmo Koo] LG Uplus stated during the Q4 2020 earnings conference call held on the 3rd that when asked about their strategy regarding the partnership with Disney Plus, “Our strategy focuses on differentiating the viewing experience,” adding, “We were the first in the industry to exclusively offer Netflix, which allowed us to provide distinctive value.” They continued, “As we have mentioned several times since last year, we are pursuing an open platform strategy related to over-the-top (OTT) services,” and clarified, “Discussions regarding cooperation with Disney are ongoing, but nothing has been finalized yet.”
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