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SOUTH KOREA PASSES IPTV LAW TO PERMIT REAL-TIME BROADCASTING VIA BROADBAND

December 31st 2007 03:36

South Korea's National Assembly passed a law allowing telcos to offer real-time broadcasting over their broadband networks, according to today’s Wall Street Journal.
It said the parliament passed the law on Internet Protocol TV, or IPTV, according to the National Assembly's web site.
KT Corp and Hanarotelecom Inc, the country's two largest broadband-service operators by sales, are set to launch IPTV services as a new source of revenue amid slowing growth in traditional broadband and telephone markets.
This follows this morning’s MediaBlab report that China will release a policy on online video sharing and broadcasting next year, according to Interfax China Online.

Wang Xudong, Minister of Information Industry, told local media at an annual national information conference that the policy will be the first to be jointly issued by the Ministry of Information Industry and the State Administration of Radio, Film and Television.
At present, the State Administration of Radio, Film and Television regulates TV and online video broadcasting, while the Ministry of Information Industry regulates internet content providers, and an official from Ministry of Information Industry regulation department said that at present, it is hard to tell which businesses should be regulated by which bureaucracy in the online video sector.

- From MediaBlab
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