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- Netflix said it would review SK Broadband’s claim and find a workaround to prevent customers from being affected by the issue.
- Last year, South Korean lawmakers passed an amendment to the country’s Telecommunications Business Act that holds streaming services responsible for network issues caused by increased traffic due to their content, Forbes reported.
- In June, the Seoul Central District Court ruled against Netflix, saying streaming services should “reasonably” pay internet service providers for network usage. Other lawmakers also spoke out against content providers who do not pay network usage after their shows generate a large amount of online traffic.
- According to court documents, Netflix must pay SK Broadband an estimated 27.2 billion won ($22.9 million) in network usage fees for 2020. The streaming giant appealed against the ruling in July, and new proceedings are set to take place in December.
- Kang also said this investment “created 16,000 jobs in various industries related to entertainment and content creation…And other industries like fashion and food have received a ripple effect worth an additional 2.7 trillion won.”