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34 per cent of South Koreans were paid subscribers to over-the-top (OTT) media

South Korea’s antitrust regulator said on Sunday it has decided to impose a fine of a combined 19.5 million won ($16,300) on Google, Netflix and three other video streaming services for their unfair business activity over paid subscription.

Five over-the-top (OTT) media service providers — Google, Netflix, KT, LG Uplus and Content Wavve — hampered paid subscribers’ move to end their membership, according to the Fair Trade Commission (FTC).

They provided falsified information or did not allow subscribers to cancel their membership online in a bid to make it difficult for customers to terminate the contract of using their services, according to the FTC.

Along with the fine, the regulator ordered them to correct their business practice, reports Yonhap news agency.

Over 34 per cent of South Koreans were paid subscribers to over-the-top (OTT) media, or video streaming services, according to a survey.

Paid subscribers to OTTs stood at 34.8 per cent last year, up 20.4 percentage points from the previous year, according to a survey of 6,834 people over the age of 13 by the country’s media regulator, the Korea Communications Commission (KCC).

South Korea’s OTT usage rate rose to 69.5 per cent, compared with 66.3 per cent from the previous year, amid the stay-at-home trend driven by the pandemic

YouTube was the most popular OTT service in South Korea, with its usage rate at 65.5 per cent, followed by Netflix at 24 per cent.

Usage rates for homegrown players Wavve and Tving stood at 4.4 per cent each.

The time subscribers spent on OTT services increased to 80 minutes per day last year, compared with 76 minutes the previous year and 60 minutes in 2019.

Source: IANS

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Apple

What does Samsung believe on Apple iPhone 14?

, Samsung praised Apple’s boxy design and did a little damage control. “Good. A little boxy, but good. We like a round shape ourselves. Classic. Apple has maintained a respectful silence on Samsung’s frequent jibs for its designs.

What does Samsung believe on Apple iPhone 14?

Samsung and Apple, two of the two biggest competitors in the smartphone market, launched their premium products in a span of a month. While Samsung’s foldable series was appreciated for its innovative and futuristic design, the design of the Apple iPhone 14 received mixed responses. Samsung had earlier pulled up Apple in a new video ad for not having a foldable phone in its line-up, and has now asked users to notify them when Apple launches a foldable phone. The tweet was a clear dig at Apple’s lack of innovation in terms of design.

Taking a jibe at the Apple iPhone 14, Samsung US’ official Twitter account posted, “Let us know when it folds. In another tweet, Samsung praised Apple’s boxy design and did a little damage control. “Good. A little boxy, but good. We like a round shape ourselves. Classic. Apple has maintained a respectful silence on Samsung’s frequent jibs for its designs.

Apple doesn’t currently have a foldable phone, but that clearly doesn’t mean it never will. If industry insiders are to be believed, Apple is developing a foldable device, which could start somewhere around 2023. Until then, Samsung needs to hold its horse because once Cupertino-Giant launches a foldable phone, Samsung will face stiff competition in the market.

The iPhone 14 Pro and iPhone 14 Pro Max have struck a chord with netizens, while the iPhone 14 has been severely mocked for its similarity with the iPhone 13. Incidentally, the iPhone 14 not only looks like the iPhone 13, but also has the same A15 Bionic chipset, with different core GPUs. The iPhone 14 has also got new colors such as icy blue and

As far as the price is concerned, the price of the iPhone 14 is the same as the iPhone 13, but has officially reduced the price of the iPhone 13 by about Rs 10,000. There is also a plus variant of the iPhone 14, which starts at Rs 89,900. The iPhone 14 Plus has the largest display on the iPhone. According to Apple, pre-orders for the iPhone 14 will start from September 9. The iPhone 14 will go on sale from September 16 and the iPhone 14 Plus will go on sale from October 7.

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