|Cleo Fagela |||Nov 29, 2014 06:32 AM EST|
South Korean broadcasting companies SBS, CJ E&M, JTBC and MBC are said to be blocking people in South Korea from viewing their YouTube contents starting on December 8.
The aforementioned broadcasting companies are said to have talked to the representatives of YouTube, discussing their wish to have South Korean viewers blocked from viewing the content of their channels in said video streaming site.
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According to the post that has been uploaded online about the matter, clips of shows from JTBC TV will not be available in South Korea starting on December 8. Only TV program previews and news will be available for viewing in the country via YouTube.
"We apologize for such inconvenience and thank you for supporting JTBC," the company wrote on their post.
The reason behind the banning is said to be about finances. However, YouTube has argued that they have offered all the companies a generous ratio when it comes to the distribution of profits from the ads. According to the representatives of the video streaming service, they receive 45% of the ad profits while the broadcasting companies get 55%.
In an official statement released by the company, they revealed that they are currently trying to negotiate with the broadcasting companies, but said it was difficult on their part to reveal more details about the issue.
"At YouTube, the partners receive a larger share of the ad revenue," says YouTube, adding that since the site is owned by Google, the company shoulders the necessary expenses for service deployments.
Despite that, according to media reports, the Korean broadcasting companies are said to be still pushing to have their material published on other platforms such as Naver and Daum.
On the other hand, despite the ban in South Korea, the material that the companies will be uploading into their YouTube channels will be available to people outside the country.
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