SK Broadband, a South Korea based internet service provider, is suing Netflix over its popular series “Squid Game.” The reason behind the lawsuit was the alleged surge in network traffic that it had faced due to the recently released show.
The South Korean internet service provider is demanding Netflix to pay for the associated maintenance costs due to the spike it faced in networking traffic. For those unaware, Squid Game is a new Netflix series is based on the dystopian thriller type genre. Notably, the Netflix co-CEO Ted Sarandos said is on pace to become the online movie streaming platform’s “biggest show ever.”
A Netflix spokesperson stated in an email to CNBC that “We will review the claim that SK Broadband has filed against us. In the meantime, we continue to seek open dialogue and explore ways of working with SK Broadband in order to ensure a seamless streaming experience for our shared customers.” Interestingly, this statement arrives after a South Korean court stated that Netflix should “reasonably” pay an amount to SK Broadband for network usage.
Furthermore, lawmakers in the region has also been calling out content providing platforms like Netflix that do not pay network usage fees. Although, Netflix revealed earlier this week that it helped create 16,000 jobs in South Korea. Unfortunately, SK Broadband did not respond to CNBC’s request to comment on the matter.
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