On Thursday Boxing Management Korea, also known as KBM and "Boxing M", announced that they had joined the streaming war with the announcement that their YouTube channel was heading to a membership format for live streams of their events.
The service, is offering 4 tiers, the cheapest of which is ₩4,990, around £5, which will allow members to stream the live fights. The second tier, which works at around £7, will allow members to watch the pro-tests as well as live fights with the next tier up being around £9 and allowing more access to videos. The highest tier is a hugely pricey £44.99, and will include access to a number of member only videos.
Whilst we understand the choice of Boxing M here, we do feel that this is a service doomed to fail. The price feels very excessive for what is, in all honesty, a small market. We understand the idea of injecting money into the promoters, which they plan to do, and allowing them to promote bigger events, but their services looks a lot less value for money than the Japanese equivalent, Boxing Raise.
If Boxing M can assure consistent match ups, regular shows, and keeping the events available for archiving, be it on their paid service or for free, then it makes sense but, at the moment it's very unclear how long things will be available for and whether bouts will be consistent. It's great to see they are looking to make things available however, and we hope that bit continues, whether this paid service is a success or not.
Saying that we hope them real success with this, though we can't help but feel the service will freeze out what is a growing audience before they have a bankable star, and with the KBM having had numerous issues with match ups in recent months, it's hard to imagine them having 2 regular live shows a month.
For fans interested in Korean boxing it's certainly worth considering, though we would be cautious about the system and would advise everyone to keep an eye on the KBM website to see what is coming up in any month, to see if it's worth keeping the membership on a month by month basis.
For those interested their YouTube channel is available here BoxingM - KBM.
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