SK Telecom

  1. Dish Network Acquiring Blockbuster for $228 Million

    April 06, 2011 7:11 AM EDT Dish Network Corp. said Wednesday that it won the auction for Blockbuster Inc. with a bid valued at $228 million in cash. As of Tuesday, the satellite TV company, billionaire investor Carl Icahn and a group of debt holders were the three remaining ...

  2. Music Streaming Seen Boosting Mobile Sales: Study

    October 18, 2010 12:00 AM EDT Mobile operators should ditch their music download stores and opt for partnerships with music streaming services if they want to generate more revenue and make customers stick, a study found. A typical Western European operator -- with 20 million ...

  3. IPhone To Go On Sale In South Korea

    November 23, 2009 12:00 AM EST Apple's iPhone will go on sale in South Korea this week, offered by the country's No. 2 mobile carrier KT Corp. South Korea, a market for 47 million mobile users, is home turf for the world's No. 2 and 3 mobile phone makers Samsung ...

  4. Unicom To Sell Apple iPhones In China From October

    September 28, 2009 12:00 AM EDT China Unicom, the country's No. 2 mobile carrier, will begin to sell Apple Inc's iPhone in China for a retail price of 5,000 yuan ($732.50), as it leans on the phone to launch its 3G service. The high price tag may force buyers of the po ...

  5. Universal Appoints Korea Managing Director

    December 05, 2008 12:00 AM EST Universal Music Korea has appointed Beom-Joon "BJ" Yang as managing director, effective Jan. 1. He will be based in Seoul and report to Max Hole, president, Universal Music Asia Pacific Region, and executive VP, UMG International. Yang w ...

  6. Virgin Mobile Acquires Helio

    June 27, 2008 12:00 AM EDT It's official, Virgin Mobile USA is acquiring rival mobile operator Helio in a deal valued at $39 million. Helio is jointly owned by Korean carrier SK Telecom and the U.S.-based ISP EarthLink. Both Virgin and Helio are mobile virtual network ...

  7. Virgin Mobile To Acquire Helio?

    June 25, 2008 12:00 AM EDT Big changes may be ahead for the U.S. mobile virtual network operator market, with Virgin Mobile USA reportedly set to acquire Helio-the U.S. operator owned by SK Telecom. Helio is a joint venture between SK Telekom and Earthlink, with SK Telekom ...

  8. Soribada Gets OK For Legal P2P Service

    March 13, 2008 12:00 AM EDT Soribada, South Korea's top P2P music service provider, claims it has received approval from the Ministry of Culture, Sports and Tourism to launch a legal subscription-based P2P music-download service May 1. A Soribada spokesperson explains t ...

  9. Korea's SK Telecom Buys Stake In China's TR Music

    March 05, 2008 12:00 AM EST SK Telecom (SK), South Korea's biggest mobile carrier, said March 5 that it has acquired a 42.2% stake in Chinese record label Beijing Taihe Rye Music (TR Music) as part of its plans to expand across Asia. SK says it will jointly operate the ...

  10. Warner Music Swallows Korea's Vitamin Entertainment

    September 05, 2007 12:00 AM EDT Warner Music Korea has purchased Seoul-based label Vitamin Entertainment, effective immediately. Vitamin, whose roster includes domestic acts such as Cho Kyu Chan and Rumblefish, pop group MC the Max and WAX, was founded in 2006 by veteran South K ...

  11. Warner Music Korea Gets Vitamin Boost

    September 04, 2007 12:00 AM EDT Warner Music Korea announced today (Sept. 4) the purchase of Seoul-based label Vitamin Entertainment, effective immediately. Vitamin, whose roster includes domestic acts such as Cho Kyu Chan and Rumblefish, pop group MC the Max and WAX, was founde ...

  12. RealNetworks Buys Austria's Sony NetServices

    May 16, 2007 12:00 AM EDT RealNetworks Inc, operator of U.S. subscription-based online-music service Rhapsody, has acquired Austria-based mobile-music platform developer Sony NetServices (SNS) for approximately $9 million in cash. SNS, a business-to-business venture that h ...

  13. SK Telecom Offers Slice Of Biz Melon

    May 08, 2007 12:00 AM EDT SK Telecom, South Korea's largest telecom, has launched a Web-based streaming-audio service aimed at stores, restaurants, bars and other businesses that use background music. The new service, Biz Melon, went live on May 4. It offers a catalog ...

  14. WMG, Orascom Forge Mobile Deal

    February 14, 2007 12:00 AM EST Warner Music Group today unveiled a strategic partnership with international telecommunications company Orascom Telecom to deliver music-based content and services to consumers in the Middle East and North Africa. Mobile music products will be dis ...

  15. South Korea's FTC Orders 'Melon' To Open Up

    December 20, 2006 12:00 AM EST South Korea's Fair Trade Commission on Dec. 20 fined SK Telecom, the nation's leading mobile phone carrier, for using its market dominance to overly restrict its music-downloading and streaming service. The governmental antitrust regulat ...

  16. Warner Music Strikes Deal With China Unicom

    June 20, 2006 12:00 AM EDT Warner Music China has forged a groundbreaking union to distribute its digitalized catalog to users of mobile operator China Unicom, which claims to be the third largest such company in the world. Warner Music China has forged a groundbreaking uni ...

  17. Warner Japan Invests In Mobile Broadcaster

    June 06, 2006 12:00 AM EDT Frontmedia, WMJ partner for new mobile projects. Warner Music Japan said today (June 6) it has purchased a minority stake in Tokyo-based mobile-broadcaster and wireless-application developer FrontMedia. Financial details of the deal were not discl ...

  18. Warner Launches Groundbreaking Korean Joint Venture

    May 10, 2006 12:00 AM EDT Warner Music Group is setting up a precedent-setting joint venture with leading South Korean telecom operator SK Telecom that will handle Warner Music Korea's stable of domestic acts. Warner Music Group is setting up a precedent-setting joint ...

  19. Amp'd Mobile Raises $67 Million In Funding

    August 08, 2005 12:00 AM EDT Universal Music Group among the investors. Amp'd Mobile said on it raised about $60 million in funding from investors including Vivendi's Universal Music Group and three venture capital funds to set up a U.S. mobile telephone service. Pr ...

  20. Korean Telco Freetel Enters Download Biz

    May 27, 2005 12:00 AM EDT KT Freetel, South Korea's second-largest telecommunications group, launched a music download service May 24. KT Freetel, South Korea's second-largest telecommunications group, launched a music download service May 24. The Dosirak music p ...

  21. Korean Telco Takes Control Of Seoul Records

    May 27, 2005 12:00 AM EDT Leading Korean telecommunications firm SK Telecom is buying a controlling stake in YBM Seoul Records, one of the nation's largest artist management and record companies. Leading Korean telecommunications firm SK Telecom is buying a controllin ...

  22. Verizon Launches U.S. Ringbacks

    November 16, 2004 12:00 AM EST Verizon Wireless has become the first major U.S. carrier to launch ringback tones, which are music clips that replace the standard ringing sound callers hear. Verizon Wireless has become the first major U.S. carrier to launch ringback tones, which ...

  23. Korean Industry Clashes On MP3-Capable Mobile Phones

    June 21, 2004 12:00 AM EDT The Korean Assn. of Phonograph Producers (KAPP) is threatening legal action to stop sales of the new MP3-capable mobile phones introduced by Seoul-based carrier LG Telecom. SEOUL -- The Korean Assn. of Phonograph Producers (KAPP) is threatening le ...

  24. Objectors Slam Monti's Approval Of Sony-BMG Merger

    June 21, 2004 12:00 AM EDT Following word June 17 that European Union Competition Commissioner Mario Monti will recommend approval of the proposed merger of Sony Music and BMG, independent labels, retailers and consumer groups Objectors Slam Monti's Approval Of Sony-BM ...