Discovery Networks Asia Pacific & Korean Telecom’s Skylifetv Launch JV


Discovery Networks Asia Pacific and Korean Telecom’s Skylifetv have aligned for a joint-venture production company to create original, high-quality, non-scripted Korean entertainment content.

The new content partnership will launch by the end of the year and will focus on producing high-quality, Korean content for both companies to be broadcast across Skylifetv channels, Discovery’s Korea channel and Discovery’s global network, creating opportunities for the content to reach Korean-language audiences internationally. The JV will also be responsible for the distribution of all content it creates across every media platform.

“This JV establishment with Discovery is a major milestone for Korea’s local content industry and brings a wind of change in Korean entertainment programs’ ecosystem for consumers,” said Hyun-Mo KOO, president of KT Customer & Media. “We are reimagining various strategies to grow our original IP market and relying on the whole group companies to try partnership initiatives collectively and I believe this partnership marks the signal flare for various collaborations opportunities with Discovery ahead.”

“This partnership between our Asia Pacific business and Korea Telecom Group’s Skylifetv underscores Discovery’s unrivaled expertise in creating high-quality real-life entertainment for local and global audiences and leverages a fantastic opportunity for our two companies to create original content specifically for Korean audiences,” said Simon Robinson, president of Discovery Networks Asia Pacific and CFO of Discovery Networks International. “I believe we are uniquely positioned to produce original, high-quality content that will engage, inspire and inform Korean and international audiences.

“This content partnership will also shine a spotlight on the innovation coming from the Korean creative industries and spark additional international curiosity and interest in Korean content.”