Tving, Seezn completes merger to become largest Korean streaming service

[Image source: Tving]

CJ Group’s Tving and KT’s Seezn have completed their merger, becoming the largest Korean over-the-top (OTT) media service provider with 5.56 million subscribed users after widening its gap with the runner-up Wavve with 4.16 million. It, however, is the second largest in the country when Netflix is counted as the global streaming giant boast 11.36 million users in Korea.