NETFLIX JOINS HANDS WITH LG U+ IN KOREA

Now Netflix is available on IPTV set-top boxes for the first time in Korea. Consumers can connect to Netflix using the Netflix button on the remote control

Seoul, November 14, 2018 - Netflix, the world’s leading internet entertainment service, and LG U+, one of Korea’s leading telecommunication carriers, has entered into a partnership to provide seamless access to the Netflix service on U+tv, LG U+’s IPTV set-top box. Starting November 16, U+tv consumers will be able to access the service with a push of the Netflix button on their LG U+ remote control or U+tv’s home menu.

With the exclusive IPTV partnership between Netflix and LG U+, U+tv consumers who subscribe to Netflix can navigate the Netflix service with its library of original programming and licensed titles including award-winning dramas, films, and documentaries. The current users of U+tv set-top box will have their set-top box automatically upgraded to enjoy Netflix, and the consumers can pay Netflix subscriptions through their LG U+ bill.

Tony Zameczkowski, VP, Business Development, Netflix Asia, said “Netflix is guided by the singular focus to give consumers choice and control over the entertainment they love. And, in pursuing that goal, we’ve built a global service that helps our members discover stories they love and these stories come from everywhere in the world. Through this partnership with LG U+, we are making it even easier for Korean consumers to access these great stories, delivered over LG U+’s IPTV screens in the highest quality, in the most engaging way.”

“Today’s announcement is a meaningful one as we expand the freedom of content choice for U+tv members amid the global trend of telcos introducing Netflix’s distinctive content to their consumers,” said Song Gu-young, VP of Home Media Division at LG U+.

Since May this year, LG U+ is offering the three month Netflix subscription promotion for those signing up for Unlimited High-speed Mobile Plan. LG U+ is going to expand the promotion to U+tv subscribers, in celebration of the IPTV Netflix service launch. With the promotion, those who sign up for VOD premium plan and U+ broadband (Giga Internet Safe or Giga Internet Slim Safe) by December 31 can enjoy Netflix content as much as they want for three months. LG U+plans to introduce Netflix to 1.07 million UHD2 STB users first, and expand the service to a wider member base afterward.

About Netflix

Netflix is the world's leading internet entertainment service with 130 million paid memberships in over 190 countries enjoying TV series, documentaries and feature films across a wide variety of genres and languages. Members can watch as much as they want, anytime, anywhere, on any internet-connected screen. Members can play, pause and resume watching, all without commercials or commitments.

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