Subscription Service Enhancement... LG Uplus Launches YouTube and CGV Subscription Packs

An LG Uplus model is introducing the 'YouTube Premium + CGV Subscription Pack' at CGV located in Yonggu, Seoul.

[Asia Economy Reporter Lim Hye-seon] LG Uplus announced on the 17th that it has launched a subscription pack that provides the online video service (OTT) ’YouTube Premium’ and ‘CGV movie viewing coupons’ together to strengthen its subscription services.

The newly launched ‘YouTube Premium + CGV Subscription Pack’ is a subscription-based additional service that offers YouTube Premium and a CGV ticket 1+1 coupon for 10,450 KRW per month. Considering that the monthly fee for YouTube Premium is the same 10,450 KRW when subscribed individually, customers who subscribe to the pack can additionally enjoy the CGV movie ticket 1+1 benefit.

‘YouTube Premium’ is a paid video subscription service that allows users to watch YouTube videos without ads. According to the ‘Digital Content Usage Trend Research in the Era of Digital Transformation’ by the Korea Creative Content Agency, 80% of domestic digital content users who subscribe to paid video/OTT services use YouTube Premium.

Subscribers to the ‘YouTube Premium + CGV Subscription Pack’ can use YouTube Premium every month and receive a coupon that allows one free companion viewing when purchasing one CGV ticket once every three months. The CGV 1+1 movie viewing coupon issued via text message can be used within three months from the date of issuance. LG Uplus strengthened collaboration with CGV for the new subscription service, considering the growing expectations for the recovery of daily life after COVID-19.

The ‘YouTube Premium + CGV Subscription Pack’ is available only to users aged 19 or older who use a 5G plan. Since it is an additional service, if mobile use is temporarily suspended or canceled, the subscription pack will also be automatically canceled. Customers who wish to subscribe can apply through offline stores or customer centers.

LG Uplus is expanding its subscription services in line with changes in domestic consumer trends. In June last year, it introduced ‘Subscription Cock,’ which combined highly preferred subscription benefits such as Naver, Millie’s Library, Dunkin’ Donuts, Socar, and GS25. Earlier this year, it also launched ‘Travel Cock,’ which gathers benefits such as flights, accommodations, and leisure.

Going forward, LG Uplus plans to discover various subscription services to enhance customer convenience in line with the growth trend of the subscription economy.

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