Culture - Sports

Korean telecom giant shakes hands with VTVcab to develop music streaming service

The Republic of Korea (RoK)’s KT Corp. on April 9 signed a memorandum of understanding (MoU) with Vietnam Television Cable (VTVcab), a subsidiary of Vietnam Television, on cooperation in developing music streaming platform in Vietnam.
Seoul (VNA) – The Republic of Korea (RoK)’s KT Corp.on April 9 signed a memorandum of understanding (MoU) with Vietnam Television Cable(VTVcab), a subsidiary of Vietnam Television, on cooperation in developing musicstreaming platform in Vietnam.

Under the MoU, the two sides plan to design a musicstreaming platform and cooperate in K-pop music distribution and the managementof intellectual property.

KT said it plans to provide key technology in developing the service, such asmusic personalization using artificial intelligence, which is currently used byits media affiliate Genie Music.

Genie Music is the RoK’s second-largest music streaming service operator and amajor music distributor.

KT added that it will also expand cooperation with the Vietnamese company inthe broader media industry, including internet protocol television andover-the-top media services.

The Korean telecom giant currently operates video streaming service Seezn./.         
VNA
#Republic of Korea (RoK)#KT Corp.#Vietnam Television Cable (VTVcab)#K-pop music#Genie Music#Vietnam#Vietnam news#Vietnam News Agency
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