SK Broadband, a South Korean internet service provider, and Netflix Inc. announced on Monday that they were terminating all lawsuits against each other. SK Broadband and Netflix had been disputing whether Netflix should pay for increased network traffic and maintenance costs.
SK Broadband and its parent company, SK Telecom, issued a joint statement announcing a partnership with Netflix to release joint products and explore methods to use artificial intelligence (AI) products developed by SK.
“Moving forward, SK Broadband and Netflix will end all disputes with the signing of today’s partnership, and collaborate as partners for the future,” the statement said.
Both Netflix and SK Broadband, per their respective spokespeople, have withdrawn their lawsuits.
Since 2020, the two parties have been engaged in a legal dispute over whether content providers that generate large volumes of traffic should pay for network usage, or whether doing so would violate the principle of ‘net neutrality’ and increase consumer costs.