Striving to keep its IT lead, Seoul appears anxious to create a nation of gadget freaks -- In today�s South Korea, everyone from government agencies to telecommmunications carriers to equipment vendors is chanting in unison what may well be the new national mantra: �anytime, anywhere, and on any device.� The word ubiquitous has become just that. Creating a �u-Korea� is the goal in Seoul�s aggressive push to stay in the global vanguard of information and communications technology. Behind this government-led drive is a deep-seated fear that South Korea�s IT boom will slow as the country nears saturation. Already, South Korea counts 35 million mobile subscribers out of a total population of only 47 million. Broadband penetration is the highest in the world, with 12 million high-speed Internet subscribers. �Korea has entered into a mature period characterized by slow growth,� said Yong-Kyung Lee, president and CEO of telecom operator KT, in a keynote address delivered at the u-Korea Vision Conference 2005 on Wednesday. Working in close coordination with carriers and major vendors like Samsung and LG, government agencies like the Ministry of Information and Communication (MIC) and the National Computerization Agency (NCA) are pushing hard to move the ICT sector into new growth areas.
The global streaming industry has spent the better part of a decade chasing subscriber counts as the primary metric of success. That era is now formally over. New market data from Omdia confirms that the industry has crossed a decisive threshold; one that shifts the competitive playing field from growth-at-all-costs to monetization discipline. For senior executives navigating media, advertising, and technology strategy, the implications extend well beyond entertainment. A Historic Revenue Crossover Online video revenue increased 13.5 percent to $176 billion in 2025, while pay-TV revenue declined 4 percent to $170 billion; marking the first time in the industry's history that streaming has surpassed legacy pay-TV in revenue terms. This is not a rounding error or a statistical artifact; it represents the culmination of more than a decade of structural disruption to the traditional broadcast and cable TV model. Global subscriptions to online video services reached 2.24 billion by the ...