Thursday, November 15, 2007

send me videos!

TV sets a turnoff for South Korea's youth | CNET
User-generated content sites such as "ipop" have clubs where users can pay by the download or pony up monthly subscription fees of about 10,000 won to 20,000 won ($11 to $22) that will let them tap into a huge library of U.S., Japanese, Chinese, and Korean TV programming and movies.

One of the most popular peer-to-peer clubs, Mansal, has had nearly 50 million visitors. While many are repeats, the total is still almost equal to the country's population.

"I like to download stuff because I don't have to wait to watch something" Seong-sun said.

The clubs make money from subscription fees and advertising. Young professionals with little time to spare and students with an abundance of time to search for material are the main clients for these services--making cable TV and TV sets obsolete.

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