<s>
TVING	B-Application
(	O
)	O
is	O
a	O
South	O
Korean	O
online	O
streaming	O
service	O
operated	O
by	O
TVING	B-Application
Corporation	O
,	O
a	O
joint	O
venture	O
of	O
CJ	O
E&M	O
(	O
CJ	O
Group	O
)	O
,	O
Naver	B-Protocol
and	O
JTBC	O
.	O
</s>
<s>
TVING	B-Application
was	O
launched	O
on	O
May	O
31	O
,	O
2010	O
,	O
by	O
CJ	O
HelloVision	O
.	O
</s>
<s>
On	O
October	O
1	O
,	O
2020	O
,	O
the	O
joint	O
venture	O
company	O
was	O
launched	O
as	O
TVING	B-Application
Corporation	O
and	O
Yang	O
Ji-eul	O
became	O
the	O
first	O
CEO	O
of	O
the	O
entity	O
.	O
</s>
<s>
On	O
April	O
29	O
,	O
2021	O
,	O
TVING	B-Application
announced	O
that	O
it	O
would	O
no	O
longer	O
provide	O
real-time	O
TV	O
channels	O
for	O
free	O
with	O
paid	O
subscription	O
needed	O
in	O
order	O
to	O
view	O
the	O
content	O
moving	O
forward	O
.	O
</s>
<s>
On	O
June	O
30	O
,	O
2021	O
,	O
it	O
was	O
announced	O
that	O
Naver	B-Protocol
has	O
invested	O
billion	O
into	O
TVING	B-Application
Corporation	O
,	O
making	O
Naver	B-Protocol
the	O
second	O
largest	O
shareholders	O
at	O
15%	O
after	O
CJ	O
E&M	O
.	O
</s>
<s>
During	O
the	O
TVING	B-Application
Connect	O
online	O
event	O
,	O
they	O
were	O
planned	O
to	O
launch	O
the	O
service	O
in	O
Japan	O
&	O
Taiwan	O
by	O
2022	O
.	O
</s>
<s>
TVING	B-Application
has	O
also	O
currently	O
on	O
further	O
discussion	O
with	O
Naver	B-Protocol
subsidiary	O
,	O
Line	O
Corporation	O
,	O
for	O
launching	O
the	O
platform	O
in	O
other	O
Asian	O
countries	O
as	O
well	O
.	O
</s>
<s>
TVING	B-Application
may	O
also	O
planned	O
to	O
launch	O
on	O
America	O
&	O
Europe	O
in	O
the	O
near	O
future	O
.	O
</s>
<s>
In	O
early	O
December	O
2021	O
,	O
CJ	O
ENM	O
has	O
partnered	O
with	O
Paramount	O
(	O
formerly	O
ViacomCBS	O
)	O
to	O
launch	O
Paramount+	B-Application
as	O
content	O
hub	O
on	O
TVING	B-Application
,	O
which	O
set	O
to	O
be	O
launched	O
on	O
June	O
16	O
,	O
2022	O
.	O
</s>
<s>
Their	O
first	O
co-produced	O
K-drama	O
was	O
TVING	B-Application
original	O
science	O
fiction	O
drama	O
Yonder	O
,	O
which	O
set	O
to	O
be	O
premiered	O
on	O
Paramount+	B-Application
outside	O
Korea	O
.	O
</s>
<s>
In	O
July	O
2022	O
,	O
CJ	O
ENM	O
and	O
telecom	O
giant	O
KT	O
announced	O
that	O
KT	O
own	O
streaming	O
platform	O
will	O
be	O
merging	O
with	O
TVING	B-Application
.	O
</s>
<s>
Once	O
both	O
of	O
the	O
streaming	O
platform	O
merged	O
,	O
TVING	B-Application
will	O
become	O
Korea	O
's	O
largest	O
streaming	O
platform	O
and	O
will	O
be	O
competing	O
with	O
Netflix	O
,	O
Disney+	B-Application
,	O
among	O
others	O
,	O
such	O
as	O
SK	O
Telecom	O
's	O
and	O
fast-growing	O
Coupang	O
Play	O
.	O
</s>
