Watcha

At a glance

Watcha is a Korean OTT known for taste analysis based on star ratings (Watcha Pedia). Its strengths are films, arthouse films, overseas dramas and Japanese anime. However, it filed for corporate rehabilitation in August 2025 and the process is ongoing, so be careful with long-term payments.

Plans

The prices above are from outside sources for web billing and could not be confirmed on the official price page. For Korean App Store in-app billing, only Basic at ₩9,500 is currently on sale, and the in-app Basic at ₩7,900 and Premium at ₩13,000 items show as discontinued.

Company situation (2025~2026)

• August 2025: Filed for corporate rehabilitation at the Seoul Bankruptcy Court
• April 2026: Public sale failed (CJ ENM and Kinolights joined only the preliminary bidding)
• July 2026: Conditional investment agreement signed with Kinolights, acquisition price about ₩4,250,000,000
• The deadline to submit the rehabilitation plan was extended to October 14, 2026
• Creditor consent and court approval are still pending, and the service continues to operate

Main content

• Films (including arthouse, independent and classic films), overseas dramas, Japanese anime and dramas, documentaries
• Originals: Semantic Error, Alice, the Final Weapon
• There are also individual purchases, owned content and Watcha Cash.

Pros and cons

• Pros: Curation of films, arthouse films and Japanese content / Taste analysis recommendations / Basic is relatively cheap
• Cons: Continued service is uncertain during rehabilitation / Few new originals and major IPs / Basic allows only 1 viewer

Who each plan suits

• Basic: Cinephiles who watch films alone
• Premium: People who watch in 4K or share with family. For now we recommend monthly billing over the 1-year pass.

Partnerships and discounts

• It was once an option in carrier subscription products (Universe Pass, Yudok and others), but we could not confirm the status as of 2026.
• There was a 40% off Premium 1-year pass promotion in February~March 2026 (outside source).
• The free trial is said to have been discontinued since July 2024 (outside source).

Supported devices

Mobile, tablets, PC, TV. Up to 5 registered devices, and it cannot be watched overseas (App Store description).

Notes

• Information checked on: 2026-10-12
• Needs verification: Plan prices, quality, simultaneous streams, number of downloads and whether a free trial exists could not be confirmed on the official page.
• Sources: Watcha official, App Store Watcha, Banksalad Watcha price summary, glasswallet Watcha pricing, Edaily rehabilitation article, Bloter article, ZDNet Korea article