Yesterday it was announced that KT, Korea’s telephone and IPTV company, and Softbank, a Japan-based telecom and Internet group will equally invest 20 billion won in a joint fund to secure contents for digital media such as web-based television.  By signing the deal with the Japanese company, KT, the No. 2 IPTV operator, wants to secure copyrights to a vast volume of content, including animated films, TV dramas and educational shows.  Here is the news article.

© 2008 Wonil Chung, a Korean Financing Lawyer/Chung & Partners, a Korean Financing Law Firm.  All rights reserved. Some copyrights, photos, icons, trademarks, trade dress, or other commercial symbols that appear on this post are the property of the respective owners.