SK Broadband and Netflix ended the dispute over "network usage fees" for 3 years.
Thanks to CTOnews.com netizen West Window old clues delivery! CTOnews.com South Korean Internet service providers SK Broadband and Netflix said on Monday they would drop their respective lawsuits over payment of network usage fees, Reuters reported.
SK Broadband and its parent company SK Telecom announced in a joint statement with Netflix that they have agreed to form a partnership to offer Netflix membership to subscribers of mobile operators and IPTV providers.
CTOnews.com learned from the statement that the three companies plan to launch a new subscription service, SK Telecom and SK Broadband users can watch Netflix, and will also launch new subscription packages similar to Netflix advertising support subscription level members. The service will be launched in the first half of 2024.
SK Broadband and Netflix have been locked in a legal dispute over network usage fees since April 2020. SK Broadband says Netflix has been free-riding, overloading its streaming service with huge traffic but refusing to pay network usage fees.