SK Telecom, ONE Media, and Sinclair Broadcast Group Announce MOU to Lead Development and
Implementation of Next-Gen TV Platform
- The company signed MoU at “CES 2018 in Las Vegas to lead next-generation broadcasting business opportunity
- In 2018, SK Telecom’s ATSC 3.0
broadcast platform utilizing the advantage of mobile will be developed
for Sinclair’s terrestrial broadcast environments
- Joint exploration of NG TV business opportunity, development, and plan to expand the service to India for globalization
SK Telecom (NYSE: SKM) announced that
the company will jointly explore the development of the ATSC 3.0 (the
“Next-generation TV” standard) platform with Sinclair Broadcast Group
(“Sinclair”, Nasdaq: SBGI), the largest television broadcaster in the
U.S and its subsidiary, ONE Media 3.0 (“ONE Media”). The partnership is
expected to bring innovation to the US broadcasting industry.
SK Telecom signed an MoU with Sinclair and ONE Media at “CES 2018” in Las Vegas to lead the next-generation broadcast industry.
By the first half of this year, the three companies will build ATSC
3.0 broadcast platform, which was named “Next Generation TV” standard in
the U.S. The NG TV platform provides the followings: 1) UHD quality of
content, 2) customized IP-based service for interactivity, 3)
personalized & location-based advertisement, 4) fixed and mobile
broadcast, 5) emergency ____alert service. The NG TV platform will
utilize the technological advantage of mobile devices. Starting with the
U.S. TV industry, the company will gradually expand its platform to
India, the country that pursues the ATSC 3.0-based next-generation
broadcasting.
The platform will also help expand global ecosystem for the
next-generation broadcasting by utilizing SK Telecom’s top-notch mobile
IPTV and media technologies. The company has both the “MMT (MPEG Media
Transport)” technology, which is an ultra-low latency transmission
technology for high-definition video and the application mobile MMT
technology tailored to mobile environment. The company has
subscriber-based contents recommendation service and IP-based media
service such as optimized network service that utilizes AI technology.
“Working with Sinclair, SK Telecom’s media technology is now aiming
to bring innovation to the global broadcast industry and create new
growth engine,” Park Jung-ho, CEO and President of SK Telecom said. “The
company will share its core infrastructure with global companies to
come up with convergent business models that will create new business
platforms.”
Source: SK Telecom media announcement