"Assemblyman Jo Seung-rae Proposes Broadcasting Act to Protect CP Rights with 'Stakeholder Opinion Hearing' on Paid Broadcasting Terms Approval"

[Image source=Yonhap News]

[Asia Economy Reporter Eunmo Koo] On the 6th, Cho Seung-rae, a member of the Democratic Party of Korea, introduced a bill to amend the 'Broadcasting Act' and the 'Internet Multimedia Broadcasting Business Act (IPTV Act)' to protect the rights of content providers (CP) in the broadcasting market.

The main content of the amendment is to establish a procedure for the Ministry of Science and ICT to hear the opinions of stakeholders such as CPs when approving the terms of use or subscription fees of paid broadcasting platform operators.

CPs provide broadcasts through paid broadcasting platforms such as cable broadcasting and IPTV, and are affected by policy changes in the terms of use or subscription fees of platform operators. However, it has been pointed out that the Ministry of Science and ICT does not go through a stakeholder opinion collection process when approving these, resulting in policies being changed unilaterally according to the platform operators' positions.

Currently, cable broadcasting and IPTV must report their terms of use to the Ministry of Science and ICT and obtain approval for subscription fees to provide broadcasting services, but there is no procedure to hear stakeholders' opinions during the Ministry's approval process.

Representative Cho Seung-rae said, "While the policy autonomy of paid broadcasting operators should be guaranteed, it should not be allowed to the extent that it infringes on the rights of stakeholders," and added, "To overcome the crisis faced by the entire broadcasting market, a fair broadcasting ecosystem where platforms and content coexist must be established."

This content was produced with the assistance of AI translation services.