Paramount Enters Asia
Launch of Paramount+ in Korea is part of multilateral global partnership with CJ ENM
Paramount+ officially marked its entry to Asia with the launch of its streaming service in South Korea on the number-one K-content platform, TVING, where existing TVING subscribers can stream Paramount+ content at no extra charge.
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.”
Mark Specht
Executive Vice President & Managing Director (Central & Northern Europe & Asia)
Paramount
The platform's line-up includes Paramount+ originals such as HALO, in addition to YELLOWJACKETS, SUPER PUMPED: THE BATTLE FOR UBER, MAYOR OF KINGSTOWN, and 1883, released for the first time in Korea, exclusively on Paramount+.
Subscribers can also watch classic hits from Paramount Pictures, 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.
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 the number 1 K-content platform, TVING, and one of the top entertainment companies, Paramount.”
Jay Yang
CEO
TVING
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 IPs, global franchises, and reality programmes.
