TVING

TVING (Korean: 티빙) is a South Korean online streaming service operated by TVING Corporation, a joint venture of CJ E&M (CJ Group), Naver and JTBC.[1][2] It is a platform that streams dramas, entertainment shows, animations, exclusive television films, specials and documentaries.[3]

TVING
Logo of TVING
Screenshot of TVING homepage on July 7, 2021
Screenshot of the homepage on July 7, 2021
DeveloperTVING Corporation
TypeOTT video streaming platform
Launch dateMay 31, 2010 (2010-05-31)
StatusActive
AvailabilitySee availability
Websitewww.tving.com

History
Second logo, used from 2016 to 2020
Third logo, used from 2020 to 2022

TVING was launched on May 31, 2010, by CJ HelloVision.[4] In January 2016, the service was transferred to CJ E&M.[5] On September 17, 2019, CJ E&M and JTBC signed an MOU to establish a joint venture company to operate the service.[6] On October 1, 2020, the joint venture company was launched as TVING Corporation and Yang Ji-eul became the first CEO of the entity.[7] On April 29, 2021, TVING announced that it would no longer provide real-time TV channels for free with paid subscription needed in order to view the content moving forward.[8] On June 30, 2021, it was announced that Naver has invested ₩40 billion into TVING Corporation, making Naver the second largest shareholders at 15% after CJ E&M.[9][10]

During the TVING Connect online event, they were planned to launch the service in Japan & Taiwan by 2022. TVING has also currently on further discussion with Naver subsidiary, Line Corporation, for launching the platform in other Asian countries as well. TVING may also planned to launch on America & Europe in the near future.[11]

In early December 2021, CJ ENM has partnered with Paramount (formerly ViacomCBS) to launch Paramount+ as content hub on TVING, which set to be launched on June 16, 2022.[12] They also unveiled to co-produce K-drama from both CJ (including Studio Dragon and newly formed CJ ENM Studios) and Paramount.[13] Their first co-produced K-drama was TVING original science fiction drama Yonder, which set to be premiered on Paramount+ outside Korea.[14]

In July 2022, CJ ENM and telecom giant KT announced that KT own streaming platform Seezn will be merging with TVING.[15][16] Once both of the streaming platform merged, TVING will become Korea's largest streaming platform and will be competing with Netflix, Disney+, among others, such as SK Telecom's Wavve and fast-growing Coupang Play.[17] The merger has been approved by the Korean FTC in late October, which unlikely to increase the price of their subscriptions alongside to carried tvN dramas other than just themselves.[18]

Content
Main article: List of TVING original programming

Availability
  Available
  Planned
Availability timeline
Release date Country/Territory Ref.
October 1, 2020 South Korea [7]
2023 Japan, Taiwan [11]
2024 United States

See also

References
  1. Lee, Jung-hyun (September 17, 2019). "지상파 이어 CJ ENM-JTBC도 OTT 출범 '맞손'" [Following terrestrial broadcasting, CJ ENM-JTBC also launched OTT 'joint hand']. Yonhap News Agency (in Korean). Archived from the original on July 17, 2021. Retrieved July 17, 2021 – via Naver.
  2. Park, Jong-jin (October 2, 2020). "CJ ENM·티빙 분사 완료…JTBC 등과 합작 본격화" [CJ ENM, TVING spin-off completed ... full-scale collaboration with JTBC]. Electronic Newspaper (in Korean). Archived from the original on July 17, 2021. Retrieved July 17, 2021 – via Naver.
  3. Lee, Soo-ki (May 3, 2021). "Local OTT services become more popular as Netflix stalls". Korea JoongAng Daily. Archived from the original on May 22, 2021. Retrieved May 22, 2021.
  4. Kim, Tong-hyung (May 31, 2010). "Cable television plugged into Internet". The Korea Times. Archived from the original on July 17, 2021. Retrieved July 17, 2021.
  5. Yoon, Sung-won (November 30, 2016). "CJ E&M pushing to revitalize internet-based broadcast platform". The Korea Times. Archived from the original on July 17, 2021. Retrieved July 17, 2021.
  6. Hwang, Hye-jin (September 17, 2019). "JTBC, CJ ENM와 MOU 체결 "OTT 합작법인 출범"(공식)" [Signed MOU with JTBC and CJ ENM "launch of OTT joint venture"]. Newsen (in Korean). Archived from the original on July 17, 2021. Retrieved July 17, 2021 – via Naver.
  7. Yoon, Ji-hye (October 5, 2020). "CJ ENM, 티빙 물적분할 완료" [CJ ENM completes the division of TVING]. iNews 24 (in Korean). Archived from the original on July 17, 2021. Retrieved July 17, 2021 – via Naver.
  8. Ham, Na-yan (March 29, 2021). "[전문] 티빙, 실시간TV 무료로 못 본다 (공식)" [[Full text] TVING, real-time TV cannot be watched for free (Official)]. Sports Donga (in Korean). Archived from the original on July 7, 2021. Retrieved July 7, 2021 – via Naver.
  9. Han, Kyung-woo (June 30, 2021). "CJ ENM "티빙, NAVER 대상 400억원 규모 3자배정 유상증자" [주목 e공시]" [CJ ENM "TVING, capital increase of 40 billion won for NAVER" [Notice e-disclosure]]. Hankyung News (in Korean). Archived from the original on July 17, 2021. Retrieved July 17, 2021 – via Naver.
  10. Frater, Patrick (July 1, 2021). "Korea's Naver Expands Investment in CJ ENM Streamer TVING". Variety. Archived from the original on July 2, 2021. Retrieved July 17, 2021.
  11. Kim, Bo-ram (October 18, 2021). "TVING plans to launch service in Japan, Taiwan next year, in U.S. in 2023". Yonhap News Agency. Archived from the original on December 1, 2022. Retrieved March 10, 2023.
  12. Lee, Jian (May 24, 2022). "Paramount+ to launch in Korea next month in partnership with TVING". Korea Joongang Daily. Archived from the original on May 24, 2022. Retrieved May 24, 2022.
  13. "ViacomCBS and CJ ENM Ink Global Content Pact, Will Launch Paramount Plus in South Korea". Variety. December 7, 2021. Archived from the original on April 30, 2022. Retrieved December 8, 2021.
  14. Ravindran, Manori (February 15, 2022). "'Sexy Beast' Prequel Among Offerings in Paramount Plus International Scripted Slate (EXCLUSIVE)". Variety. Archived from the original on March 24, 2022. Retrieved February 15, 2022.
  15. "TVING and Seezn will merge to form Korea's largest streaming service". Korea JoongAng Daily. July 14, 2022. Archived from the original on July 14, 2022. Retrieved July 14, 2022.
  16. Frater, Patrick (July 17, 2022). "TVING and Seezn Korean Streaming Platforms to Merge". Variety. Archived from the original on July 21, 2022. Retrieved July 19, 2022.
  17. "TVING and Seezn may merge as Netflix trounces market". Korea JoongAng Daily. July 13, 2022. Archived from the original on July 18, 2022. Retrieved July 13, 2022.
  18. Frater, Patrick (October 31, 2022). "Korean Regulator Approves Merger of Streamers TVING and Seezn". Variety. Archived from the original on November 10, 2022. Retrieved November 3, 2022.
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