S.Korean broadband firm says it is ending all disputes with Netflix (updated)

SK Telecom

18/09/2023 03:37

(Adds comments and details from statement in paragraphs 2-3)
       SEOUL, Sept 18 (Reuters) - South Korean Internet service
provider SK Broadband said on Monday it is ending all disputes
with Netflix Inc  NFLX.O , after the firms engaged in lawsuits
on whether Netflix must pay for costs from increased network
traffic and maintenance work. 
    SK Broadband and parent SK Telecom  017670.KS  announced in
a joint statement with Netflix that they had agreed on a
partnership to release joint products and seek ways to use
artificial intelligence (AI) products being developed by SK. 
    "Moving forward, SK Broadband and Netflix will end all
disputes with the signing of today’s partnership, and
collaborate as partners for the future," the statement said. 
        
  
    
    

 (Reporting by Joyce Lee; Editing by Jacqueline Wong)
 ((joyce.lee@tr.com;))