Disney+ and Cj Enm’s Tving Launch Landmark Streaming Partnership in Korea

Disney and South Korea’s Tving unveiled a collaboration Tuesday that they are billing as the first partnership between a global streamer and a local Ott platform in the country. The move deepens Disney’s strategic ties with Korean studio giant Cj Enm’s homegrown streaming business and follows its recently announced distribution pact in Japan.

Under the new agreement, Disney+ will introduce bundled subscription plans that combine access to Disney+, Tving and domestic streamer Wavve at discounted rates — up to 37 percent less than the cost of individual subscriptions. The bundles, which became available to Korean consumers on Monday, mark what both companies describe as “a new milestone in the Ott industry,” uniting Disney’s globally recognized IP with leading Korean content from Tving, Wavve and Cj Enm.

The partnership builds directly on Disney’s multiyear content deal announced earlier this month in Japan, under which Disney+ became the exclusive…