By SK Broadbands estimates, Netflix owes 27.2 billion won ($22.9 million) in 2020 alone.
The ISP handles roughly 1,200 Gigabits of Netflix data processed per second as of September, according to Reuters.
Thats up 24 times from May 2018, and popular Netflix Korea productions like Squid Game and D.P.
Photo: Victoria Song/Gizmodo
are purportedly a big reason why.
Netflix isnt having it, however.
The company has already appealed the ruling.
It also touted that Squid Game is the first Korean series to make it to the No.
1 spot on Netflix US.
As for where all this is coming from?
These fees would essentially force streamers like Netflix to pay extra to ensure their content reaches users.
Back in 2014, Netflix and Comcast were at odds over the ISP throttling Netflix.
News from the future, delivered to your present.
Get your finest dark clothing and all your creepy things, part one ofWednesdayseason two is dropping in August.
