TVING (티빙), a privately owned South Korean company founded in 2010, operates an online streaming service. The company, a joint venture of CJ E&M, Naver, and JTBC, employs approximately 110 people and is headquartered in South Korea. TVING's platform offers a selection of dramas, entertainment shows, and exclusive television films and specials. Revenue in 2020 was less than $250 million.
CJ ENM and SK Square, the largest shareholders of Tving and Wave respectively, are working to improve the merger's competitiveness by participating in Wave's second convertible bond acquisition. This merger of the South Korean streaming platforms received approval, contingent upon a fee freeze until the end of 2026. Meanwhile, a dispute exists between Tving and Coupang Play regarding their respective claims to be Korea's second-largest or top local OTT platform, with both companies using selective data points to support their claims. The lack of transparency regarding key metrics like subscriber counts and viewing time has drawn criticism. Finally, actors Joo Hyun-young and Kim Young-dae will make special appearances in the Tving original series, "Running Mate.
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