Pay-TV subscriber growth ‘stagnant phase’… Record growth rate below 1% for the first time

2023-05-17 22:37:01

Ministry of Science and ICT announced the number of subscribers and market share in the second half of 2022
20.57 million IPTV subscribers, 12.73 million cable broadcasting subscribers
IPTV subscribers increase, SO and satellite broadcasting subscribers decrease

It was found that the number of paid broadcasting subscribers has entered a stagnant phase, with the rate of increase and decrease falling to less than 1% compared to six months ago, and the rate of increase only at half the level of a year ago.

The Ministry of Science and ICT (Minister Lee Jong-ho) announced yesterday (17th) the number of paid broadcasting subscribers and market share in the second half of 2022.

For the number of paid broadcasting subscribers announced every half year, the Korea Information and Communications Promotion Association conducts a working-level survey to verify the number of subscribers by internet multimedia broadcasting (IPTV), comprehensive cable broadcasting (SO), and satellite broadcasting operator, and the verification results are reported to the Ministry of Science and ICT. After submitting it, the Ministry of Science and ICT deliberates and decides on the verification result in a professional council composed of civilian members to confirm it.

The number of pay TV subscribers in the second half of 2022 according to the pay TV market share calculation standard was 36,248,397 subscribers (6-month average).

This is an increase of 240,000 subscribers compared to the first half of 2022, and the rate of change was 0.67%.

This is the first time that the rate of change in the number of subscribers has fallen below 1% compared to the previous half year, and it is half of the increase in the second half of 2021 (520,000 subscribers) a year ago.

The rate of increase in the number of subscribers has generally decreased since the start of counting the number of subscribers in the second half of 2015.

The number of subscribers (market share in parentheses) by operator is △KT 8,783,984 subscribers (24.23%), △SK Broadband (IPTV) 6,419,536 subscribers (17.71%), △LG U+ 5,362,089 subscribers (14.79%), △LG HelloVision 3,699,046 subscribers (10.20%), △KT Skylife 2,953,347 subscribers (8.15%), and △SK Broadband (SO) 2,831,064 subscribers (7.81%).

Also, by medium, 3 IPTV companies totaled 20,565,609 subscribers (56.74%), 14 SO companies totaled 12,729,441 subscribers (35.11%), and satellite broadcasting companies recorded 2,953,347 subscribers (8.15%). IPTV subscribers increased while SO and satellite broadcasting subscribers increased. was found to decrease.

Since the number of IPTV subscribers surpassed the number of SO subscribers in November 17, the number of IPTV subscribers has been continuously increasing while that of SO has been decreasing. It turns out that the gap has widened.

The total number of subscribers and market share (compared to the first half of 2022) of the three IPTV affiliates are: △KT affiliates (KT+KT Skylife+HCN) have 13.02 million subscribers (an increase of 190,000), 35.9%
(0.25% increase), △SK Broadband (IPTV+SO) 9.25 million subscribers (160,000 increase), 25.52% (0.26% increase), △LG affiliates (LG U+ + LG HelloVision) 9.06 million subscribers (decrease of 50,000) and 24.99% (decrease of 0.32%).

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