Kocowa

KOCOWA is an American online video streaming website headquartered in Los Angeles as a joint venture between the top three Korean broadcast networks: Korean Broadcasting System, Munhwa Broadcasting Corporation and Seoul Broadcasting System to provide Korean entertainment including K-Dramas, K-Reality, K-Variety, and K-Pop to the Americas and all with multi-language subtitles.
A subsidiary of KCP (Korea Content Platform Inc.) the name KOCOWA stands for Korean Content Wave. Launched in July 2017, it became the IP holder and centralized content broker for existing Korean program platforms Viki and OnDemandKorea. 
History.
The three top Korean broadcast networks, Korean Broadcasting System, Munhwa Broadcasting Corporation and Seoul Broadcasting System, consolidated their efforts to distribute content globally due to the rising demand for Korean content across the globe. In July 2017, KOCOWA launched its streaming services, making them accessible via smart TVs, web, and mobile.
Services.
KOCOWA streams a variety of Korean programs ranging from TV series such as "School 2017" and "The King in Love", variety shows "Running Man" and "Infinite Challenge", and K-pop music programs including "Inkigayo" and "Music Bank World Tour" up to six hours after being broadcast in Korea.
Unlike Viki's subtitling technology that crowd-sources subtitle translations under a Creative Commons license, KOCOWA's content is translated and subtitled by a certified translation team. Content is translated into English, Portuguese, and Spanish within a few hours after the original airtime in Korea, so viewers no longer have to wait for crowd-sourced subtitles.
To also differ from its platform partners, KOCOWA offers a Live Stream that centers around the platform’s 3 main content categories: Music, Dramas, and Reality. This line-up of content gives users a variety of entertainment options to enjoy while interacting with others on the platform. If subscribers choose to stream on a desktop or laptop, they can chat with all the other k-drama, k-pop, and k-reality super fans in real time! Subscribers who speak English, Portuguese, or Spanish can participate in this interactive experience. 
Business.
KOCOWA is a subscription-based service offering a variety of plans from $0.99 per day, $6.99 per month, or $69.99 annually that provides full access to its programming without ads within six hours after being broadcast in Korea. Those who opt for the advertising-based plan can access new content after 24 hours of its release.
In August 2017, Viki announced the partnership with KOCOWA which allows its Viki Pass Plus subscribers to have additional access to KOCOWA programming without a separate subscription on KOCOWA 