Paramount+ launches in Korea via TVINGThursday, June 16th, 2022
Paramount Continues to Expand Streaming Footprint With the Launch of Paramount+ in Korea
- Part of multilateral global partnership with Korea’s CJ ENM
- Co-investment in local content to showcase local talent and fuel streaming library
SEOUL, Korea — Paramount+ today officially marked its entry to Asia with the launch of its streaming service in South Korea on the number-one K-content platform, TVING. Beginning today, existing TVING subscribers can stream Paramount+ content at no extra charge.
The launch of Paramount+ brings unique stories, iconic stars, and a mountain of entertainment to South Korean audiences on TVING. Paramount+’s robust line-up includes Paramount+ originals such as HALO, in addition to YELLOWJACKETS, SUPER PUMPED: THE BATTLE FOR UBER, MAYOR OF KINGSTOWN, and 1883. These titles will all be released for the first time in Korea, exclusively on Paramount+.
Subscribers can also watch Paramount Pictures’ classic already theatrically released hits, such as MISSION: IMPOSSIBLE, TOP GUN, TRANSFORMERS, THE GODFATHER, and FORREST GUMP; popular CBS series such as CSI: CRIME SCENE INVESTIGATION and NCIS, animated favourites such as Nickelodeon’s SPONGEBOB SQUAREPANTS and Comedy Central’s SOUTH PARK, as well as MTV’s young adult series and popular SHOWTIME® titles.
The launch is part of a strategic global partnership between Paramount Global and CJ ENM that includes content licensing and distribution across Paramount+ and TVING, as well as seven Korean original series.
The first Korean local production resulting from this partnership is YONDER, which will be premiering later this year on TVING in Korea. YONDER will also premiere on Paramount+ in all international markets where the service is available. Set in 2032, Yonder is a drama/science fiction series about a man who receives a message from his deceased wife inviting him to the mysterious space called Yonder. The space is designed for the dead to be able to live on by uploading memories of their lifetime from their brain. The show raises questions about life and death and what it means to have eternal happiness as humanity faces a world altered by advancements in science and technology.
As part of the company’s investment in content, Paramount is also looking at opportunities and projects for Korean adaptations of known Paramount scripted I.P.s, global franchises, and reality programmes.
Mark Specht, Executive Vice President & Managing Director, Central & Northern Europe and Asia, Paramount, said, “The launch of Paramount+ in Korea with TVING marks a pivotal moment in our expansion, as we introduce our premium streaming service to Asia. South Korea is a vibrant market for streaming as well as content production, music, and culture. We are very excited to partner with CJ ENM to expand our streaming business and produce great Korean content for audiences in Korea, Asia, and around the globe.”
Jay Yang, CEO of TVING, commented “Please look forward to the well-made, various K-content that will enter the global market through the partnership of No.1 K-content platform TVING and one of the top entertainment companies, Paramount.”