NEW ID Brings Diverse Channels and Cutting-Edge Technologies to the Burgeoning FAST Market
NEW ID, a digital streaming service and an in-house venture of one of South Korea’s leading media and entertainment companies, Next Entertainment World (NEW), has become a key global player in the free ad-supported streaming television (FAST) sector, a market that Omdia estimates will be worth $5.7bn in 2025, growing 82% to $10.4bn in 2030.