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Press Press2023.04.25

CJ OliveNetworks completed the establishment of D'Live FAST service

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- The company supports development of the new OTT service FAST application and content distribution for D’Live, the largest cable broadcasting company in the metropolitan area

- Years of experience in the establishment of broadcasting media system and management capabilities for content operation are both highly evaluated

- The service is expanded from the current broadcasting media SI to value-up business for content such as content sourcing, programming, and operation

 

CJ OliveNetworks is expanding its broadcasting media business by supporting the launch of an ad-based free streaming service (FAST) to D'Live, a cable TV business operator.

 

D’LIVE, the largest cable broadcasting company in the metropolitan area, introduced the OTT box ‘D’Live OTT’v’ for the first time in cable TV in 2016, and it is strengthening its competitiveness in content by installing major OTT services such as Netflix, Wave, and Coupang Play.

 

Free Ad-supported Streaming TV (hereinafter referred to as “FAST”) is an OTT service that allows consumers to enjoy real-time channels and VOD content for free instead of watching advertisements.

 

With the continued fatigue of subscriptions and the burden of subscription fees that consumers have to pay to view content scattered across multiple services due to the recent increase in content platforms, FAST services are newly spotlighted to target these niches.

 

CJ OliveNetworks provides customized transmission services for broadcasting channel operators based on years of experience in building and operating broadcasting media systems. The establishment of the new D'Live FAST service was also highly evaluated for its stable technical know-how in media and distinctive content operation and management capabilities.

 

CJ OliveNetworks supported content value-up services such as content sourcing, organization and operation, as well as development of the back and front end of the FAST service application which was launched in the D'Live OTT box.

 

This is meaningful in that it provided expansion, content processing, storage, and transmission in SI orders for broadcasting media, which was a traditional business field.

 

The D’Live FAST channel provides 10 channels including ‘D’Live TV’, a local real-time broadcasting channel, popular animation ‘Larva’, ‘Channel China’, and ‘Health TV.’ It plans to expand to 20 channels by the end of the year.

 

“The FAST industry, which has been operated mainly by existing TV manufacturers, is expanding to various genres and channels to suit consumers content tastes,” said Shin Bong-ho, Manager of Media Platform at CJ OliveNetworks. "We will actively support the successful operation of D'Live's FAST service through CJ OliveNetworks' IT technology and contents management know-how in broadcasting media.”