In this article, you will learn what does MBN stand for. Theta is a video delivery network powered by blockchain that incentivizes anyone to restream video and enables next-gen video apps that drive more revenue, deepen viewer engagement and reduce costs. And then, Theta Blockchain Announces Strategic Partnerships with MBN and CJ Hello, Lists on Bithumb Exchange.
What Does MBN Stand For?
MBN stands for Maeil Broadcasting Network. MBN is a South Korean cable TV network operated by the Maeil Business Newspaper. MBN began its first broadcast as an official news channel of Korea in 1995. As a 24-hour news provider, MBN opened a new horizon of news broadcasting. Known for its quick and accurate news reporting, MBN was selected as the Nation's best news channel for four consecutive years.
In 2010. along with three other newspaper giants, MBN acquired the “General Programming Cable TV Channel” license. This not only gave MBN the opportunity to broadcast news programs, but also allowed them to provide programs of other various genres, such as soap operas and entertainment variety shows.
On December 1. 2011. MBN broadcasted its first general programming service and ushered in a new era of success. MBN has been showing the most rapid growth among the general programming channels. MBN has become No. 1 among Four New Broadcasting Stations. of valuable experience in news broadcasting has made MBN the leader.
Theta Blockchain Announces Strategic Partnerships with MBN and CJ Hello
Theta, the leading video delivery network on blockchain advised by the co-founder of YouTube, announces that MBN and CJ Hello have joined its Media Advisory Council as strategic partners. MBN is a division of Maekyung Media Group, a highly-diversified media company that owns some of the biggest names in communications and broadcasting in South Korea, and CJ Hello, a subsidiary of the $25B Korean conglomerate CJ Group is one of the country's largest cable TV operators and mobile providers, will each partner with Theta to deepen media engagement and power revenue growth. The Theta token was recently listed on Bithumb exchange at the end of August.
Theta's initial results from its June testnet launch revealed strong user engagement on the SLIVER.tv esports platform which rewards users with Theta tokens for re-streaming content to others in the network. After deploying Theta's video delivery network powered by blockchain, SLIVER. a 70 percent increase in total monthly visits, reaching nearly seven million. The average viewer spent 31 minutes on the testnet channel, compared to 11 minutes across other channels and 6 minutes on Twitch during the same time frame. users across 150 countries have shared bandwidth on the Theta network.
MBN and CJ Hello are deploying real world media and entertainment solutions powered by Theta blockchain that are still just theories for most companies. As video streaming continues to grow exponentially, these Korean media leaders are staying ahead with breakthrough innovation that's proven to at massive scale. This article is about what does MBN stand for.
