KCP Global is a joint venture between the three largest Korean broadcasters namely KBS, MBC and SBS. On July 24, 2017, the joint venture officially launched in Los Angeles, California, United States the new Korean entertainment platform Kocowa for U.S. audiences.
Fans of Korean dramas and K-pop in the U.S. now have access to the most popular Korean TV programs through this new, high-quality video streaming platform. Among the estimated 35 million K-wave fans in the world, 8 million are based in the U.S.
Kocowa offers U.S. audiences instant access to the best Korean television programs from all three broadcasters, ranging from TV series, variety shows and music videos. Programs are being made available to U.S. audiences with high-quality translations in up to six hours after being broadcast in Korea.
To provide Korean programs almost simultaneously in the U.S. market, the company is working with a certified translation team that immediately translates the programs into English when the programs run in Korea. Kocowa is available on a variety of platforms including PC, mobile and tablet. Later this year, the video service will also be available to stream on Smart TVs.
“We are thrilled to bring the best of Korean TV to U.S. audiences with Kocowa,” KCP Global chief executive officer Junsik Kim stated. “Korean pop stars, such as PSYand BTS, have captured global audiences, forging interest in discovering more Korean stars and TV programs. Kocowa offers a single destination to discover the best of all types of Korean TV programs, from drama to variety. We not only offer the best of Korean TV, we also offer it very fast, with very high-quality translations. The programs become available in the U.S. within hours after airing in Korea.”
Through multiple subscription options that include daily, monthly, annual and advertising-based plans, Kocowa makes its streaming service accessible for all audiences. The daily plan, priced at $0.99 per day, offers fans full access to all content for one day, without any ads.
The monthly subscription plan, priced at $6.99 per month, also enables unlimited access to all content after programming upload. For users who want to enjoy Korean TV dramas and shows year-round, the annual membership is priced at $69.99, and includes a discount for two months and surprise gifts.
Both the annual and monthly memberships enable access to streaming contents without ads, and include a month-long free trial. Users who want to enjoy K-dramas and music programming free of charge can also opt for the advertising-based plan, which enables access to content within 24 hours of release.
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