Moonbug and KT Partner to Bring Global Sensation CoComelon to Families Across South Korea

Moonbug Entertainment Ltd., one of the largest digital media companies in the world, today announced a new partnership with KT Corporation, South Korea's largest internet protocol television (IPTV) operator, to bring its widely popular 3D animated series, CoComelon to South Korea as the platform's major English educational brand. Families can now access episodes across all KT platforms including Olleh TV and Seezn, with new content set to arrive throughout the year.

"CoComelon has been entertaining millions of kids across the globe with its engaging and educational children's content," said Nicolas Eglau, Head of EMEA and APAC, Moonbug. "Our goal is to continue bringing CoComelon to new audiences and as one of the biggest IPTV providers, KT is a strong partner to do so in South Korea."

"CoComelon is a joyful show that helps children learn and develop," adds Euddum Park, Moonbug. "Its strong values and learning benefits will create the perfect resource for natural and relevant English language education for Korean preschoolers."

As the world's most-viewed YouTube channel with over 92.8 million subscribers and 3.5 billion views per month, CoComelon teaches children how to take on everyday activities like chores with a sense of enthusiasm and infectious positivity. With its bright and bold colors, CoComelon attracts children aged one to four to sing and dance along with Baby JJ and his siblings as they learn letters, numbers, animal sounds, colors and more.

"We are pleased to start 'CoComelon', the world's most-viewed YouTube Kids channel, on KT's IPTV platform," said Song Jae-Ho, head of KT's Media Platform Business. "KT and Moonbug will work together to provide the best educational media content for Korean children."

For more information on Moonbug and its impressive portfolio, visit www.moonbug.com.

About Moonbug Entertainment

Moonbug Entertainment is an award-winning global entertainment company providing values-based educational programming for children. Its popular kids lineup includes global sensations CoComelon, Blippi, Little Baby Bum, My Magic Pet Morphle, Supa Strikas, Go Buster, Playtime with Twinkle, Gecko's Garage, ARPO and many more which are available in 26 languages.

In just two years, it has become a kids programming powerhouse with a library of more than 550 hours of content, which is distributed on more than 100 platforms globally, including YouTube, Netflix, Hulu, Amazon Prime Video, Joyn, Sky and Roku. In May of 2020, Tubular Labs named Moonbug one of the leading digital kids' entertainment companies in the world based on the total number of minutes watched worldwide.

ABOUT KT CORPORATION (KRX: 030200; NYSE: KT)

KT Corp., Korea's largest telecommunications service provider, is leading the new era of innovations in one of the world's most connected countries with 5G, Big Data, Cloud, IoT, Blockchain and other transformative technologies. KT launched the world's first nationwide commercial 5G network in April 2019, after showcasing the first trial 5G services at the PyeongChang Winter Olympic Games in February 2018. To help cope with COVID-19, KT is staging a social campaign, dubbed "Ma-Eum:TACT (Heart to Heart)," providing technology supports for people and businesses in need. KT will deliver most essential and innovative services and solutions to its customers around the world as the first frontier in the next technology revolution and number one Global ICT Company.

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