[Featured Stock] Corpus Korea Rises on News of Fastest Amazon Korea OTT Launch

[Asia Economy Reporter Jang Hyowon] SK Telecom is in discussions with Amazon Prime regarding OTT service collaboration, and Corpus Korea, which signed a contract to enter Amazon Prime Video's Korean Wave channel in Japan, is showing strong performance amid predictions that collaborative content from Amazon Prime will be launched in the market as early as May or by July at the latest.

As of 9:45 AM on the 24th, Corpus Korea is trading at 2,370 KRW, up 8.97% compared to the previous day.

Amazon Prime is Amazon's OTT service with approximately 150 million subscribers worldwide. This is fewer than Netflix (240 million) but similar to Disney Plus, which recently surpassed 100 million subscribers. Plans being discussed include bundling Amazon Prime services with SK Telecom's subscription plans. A subscription model encompassing T Membership, 11st, and Amazon Prime services is also being considered.

Corpus Korea, a company specializing in overseas distribution of Korean Wave content, announced in December last year that it signed a contract with the global OTT platform Amazon to enter the Korean Wave channel in Japan. Through this contract, Corpus Korea will operate the Korean Wave channel by directly programming Korean Wave content on Amazon Prime Video in Japan.

This content was produced with the assistance of AI translation services.