Ministry of Science and ICT Grants Reauthorization to Three Comprehensive Cable TV Operators
KCTV Jeju Broadcasting, KCTV Gwangju Broadcasting, and Nam Incheon Broadcasting Meet Reauthorization Criteria
[Asia Economy Reporter Lim Hye-sun] The Ministry of Science and ICT announced on the 30th that it has decided to renew the licenses of KCTV Jeju Broadcasting, KCTV Gwangju Broadcasting (formerly Korea Cable TV Gwangju Broadcasting), and Nam Incheon Broadcasting following the review by the Comprehensive Cable TV Operators (hereinafter ‘SO’) Re-licensing Review Committee.
To ensure objectivity and fairness in this re-licensing review, the Ministry of Science and ICT formed the Comprehensive Cable TV Operators Re-licensing Review Committee with external experts from five fields: broadcasting, law, management/accounting, technology, and users, and conducted a closed review. As a result of the review, KCTV Jeju Broadcasting, KCTV Gwangju Broadcasting, and Nam Incheon Broadcasting all scored above the broadcasting evaluation benchmark of 300 points (out of 500). The committee’s evaluation scores exceeded the re-licensing benchmark of 400 points (out of 600), meeting the re-licensing criteria.
However, the committee expressed the opinion that common conditions should be imposed on the re-licensed SOs regarding strengthening regional characteristics, ensuring fair competition, operating viewer committees, establishing win-win measures with partner companies, and management transparency.
The Ministry of Science and ICT requested prior consent from the Korea Communications Commission on the re-licensing review results, and the Korea Communications Commission gave prior consent after modifying some re-licensing conditions for each operator and adding recommendations.
Hot Picks Today
After Topping 8,000 Instead of Hitting 10,000... KOSPI Plunges—When Will It Rebound?
- "Samsung and Hynix Were Once for the Underachievers"... Hyundai Motor Employee's Lament
- [Breaking] Court Rules Against Samsung Electronics Union...1 Billion Won per Day Penalty for Exceeding Strike Scope
- 'Real Strike' Looms as Samsung Union Grows More Hardline... How the 2024 Strike Process Compares
- "That? It's Already Stashed" Nightlife Scene Crosses the Line [ChwiYak Nation] ③
The Ministry of Science and ICT finalized the re-licensing of the target operators by reflecting the conditions and recommendations presented by the Korea Communications Commission and imposed re-licensing conditions. Going forward, regular performance inspections will be conducted to ensure faithful compliance with the re-licensing conditions.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.