Ruling and Opposition Parties to Re-discuss Media Arbitration Act by Year-End... Expansion of Media-Related Laws Overall (Update)

[Image source=Yonhap News]

[Asia Economy reporters Naju-seok and Jeon Jin-young] On the 29th, the ruling and opposition parties agreed to establish a Special Committee on Media System Improvement to discuss the Media Arbitration Act. Instead of forcibly passing the Media Arbitration Act, which includes punitive damages provisions, the Democratic Party of Korea decided to form a special committee composed equally of ruling and opposition members by the end of the year to discuss not only the Media Arbitration Act but also the Information and Communications Network Act, Newspaper Act, Broadcasting Act, and other media-related laws.

On the same day, the floor leaders of both parties held a meeting at the National Assembly in the afternoon and agreed to reconsider the passage of the Media Arbitration Act. The Democratic Party, which had previously signaled a forced passage of the act, agreed to discuss institutional improvements through the special committee with a target deadline of the end of this year.

The agreement publicly released by the floor leaders stated, "A Special Committee on Media System Improvement will be formed," and "The committee will cover the Media Arbitration Act, Information and Communications Network Act, Newspaper Act, Broadcasting Act, and overall media system issues."

The 18-member special committee will be composed equally of ruling and opposition members and will have an activity period set until the end of this year.

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