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Gut business only in Korea? OTT's uncomfortable truth [Anchor Report]

2024.10.08 PM 03:12
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From the drama "Mom's Friend's Son" to the popular "Black and White Chef," there are many series to watch these days.


The problem is that the money spent on OTT services has increased that much.

But what if only Koreans are paying particularly high subscription fees?

YouTube, a representative OTT.

Overseas, we operate various plans such as family plans and student membership.

In Korea, we only offer one premium plan that costs 14,900 won per month.

Did you know that the remaining usage fee can be refunded after the cancellation?

If a consumer makes an individual request, it will be refunded, but Netflix has only opened that until the 7th of the payment date.

YouTubers are also treated unfairly.

Korean YouTubers pay taxes to the U.S. for profits made by American viewers, but American YouTubers pay no separate taxes on profits made by Korean viewers.

This is because there is no withholding procedure for Google, a foreign corporation, and there is no means to enforce tax payment.

As our content enjoys worldwide popularity, institutional arrangements should also be prepared to protect our content.

It is necessary to apply fair taxation to producers and reasonable rates to consumers.



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