Yonhap News TV

Yonhap News TV
Native name
Korean name
Hangul
연합뉴스TV
Revised RomanizationYeonhap Nyuseu TV
McCune–ReischauerYŏnhap Nyusŭ TV
Company typePrivate
FoundedMarch 15, 2011; 13 years ago (2011-03-15) in Seoul, South Korea
HeadquartersYulgok-ro, Jongno District,
Seoul
,
South Korea
Key people
  • Seong Ghi-hong (President & CEO)
  • Choo Seung-ho (Head of Press)
  • Maeng Chan-hyung (Press Chief)
Total equity310,000,000,000 won (2014)
Owner
  • Yonhap News Agency (28.01%)
  • Eulji General Hospital (9.92%)
  • Hwasung Development (8.26%)
  • Yesol Savings Bank (7.44%)
  • Others (46.37%)
Websitewww.yonhapnewstv.co.kr

Yonhap News TV (Korean: 연합뉴스TV), stylised as YONHAP NEWS TV, is a South Korean pay television network and broadcasting company, owned by the Yonhap News Agency-led consortium. It began broadcasting on 1 December 2011.[1] Yonhap News TV started broadcasting with four new South Korean nationwide generalist cable TV networks. Those are JoongAng Ilbo's JTBC, Dong-A Ilbo's Channel A, Chosun Ilbo's TV Chosun, and Maeil Kyungje's MBN in 2011.[2][3][4][5][6] The four new networks supplement existing conventional free-to-air TV networks like KBS, MBC, SBS, and other smaller channels launched following deregulation in 1990.

History

  • 22 July 2009 - Amendment of Media law passed the South Korean national assembly to deregulate the media market of South Korea.
  • 31 December 2010 - JTBC, TV Chosun, MBN, and Channel A elected as a General Cable Television Channel Broadcasters and Yonhap News TV elected as an All-News Cable Channel Broadcaster.
  • 1 December 2011 – Yonhap News TV begins broadcasting.

See also

References

  1. ^ Shin Hae-in (30 November 2011). "New cable channels go on air". The Korea Herald. Retrieved 2013-06-02.
  2. ^ Kim Tong-hyung (12 December 2011). "What else can new channels do to boost ratings?". The Korea Times. Retrieved 2013-06-02.
  3. ^ Noh Hyun-gi (4 January 2012). "Four new TV channels face uncertain futures". The Korea Times. Retrieved 2013-06-02.
  4. ^ Yoon Ja-young (20 January 2012). "Low ratings weigh on new channels". The Korea Times. Retrieved 2013-06-02.
  5. ^ Kim Tong-hyung (6 June 2012). "New channels remain 'anonymous'". The Korea Times. Retrieved 2013-06-02.
  6. ^ Bae Ji-sook (29 November 2012). "'New TV channels are niche, not gold mine'". The Korea Herald. Retrieved 2013-06-02.