KT gets into business of producing VR videos
The Genie music-streaming mobile app - available both on Android and iOS - will launch a VR section that shows various 360-degree video content. Paid subscribers can watch videos using VR headsets.
Genie is the nation’s second-most popular app after MelOn, which is operated by Kakao.
The VR content will include live concerts, album launches and scenes of singers recording in studios.
The mobile operator’s music-streaming subsidiary, KT Music, says it aims to produce some 100 premium VR videos in partnership with seven entertainment agencies by the end of this year, which it hopes to sell to other VR content providers in the future.
KT will be responsible for business planning, content investment and VR player development.
“Show business can make the best out of Genie VR when it comes to album launches or promotions,” said Kim Sung-woo, CEO of KT Music, at a press conference at KT’s headquarters in Gwanghwamun, central Seoul.
“Now that some K-pop bands consist of more than 10 members, installing several 360-degree-angle cameras on stage for VR video will be good for fans who have preferences for a specific member.”
VR live concerts and music videos of three K-pop acts, including Twice and Sam Kim, are already available on Genie, which is in the pilot stage.
As 5G connectivity is expected to become available in four years, telecom operators are scrambling to boost their technological prowess for next-generation internet connectivity.
VR, which requires rapid transmission of massive amounts of data, demonstrates KT’s current edge in broadcast transmissions.
In April, KT broadcast live a baseball match in VR video format and is preparing to give out 20,000 made-in-Korea cardboard VR headsets for free.
BY SEO JI-EUN [firstname.lastname@example.org]
More in Industry
Work at home is not as easy as it sounds, ministry says
[NEWS IN FOCUS] Spotify is still almost here, and seems to be getting closer
Korea Inc. calls on Suga to relax border restrictions
House-bound consumers awaken a sleeping industry