South Korea Loosens Grip on Media Industry

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South Korea Loosens Grip on Media Industry

whowireduniedit

2011.12.02 (14:22:28)

MBC-broadcasting outlet.JPG

Five new television stations went on the air in South Korea on Thursday as part of President Lee Myung-bak's effort to loosen the government's tight grip on a media industry calcified by dictatorship-era regulations.

The privately owned stations' establishment is the result of one of the president's most controversial domestic policy initiatives, and was met with resistance from government regulators who didn't want to yield control of the TV industry, as well as from left-wing politicians, unions and civic groups worried their influence on the existing stations would be diluted. The new stations are free of some government restrictions to which the older ones adhere.

With the additional stations, the total number of South Korean broadcasters that are allowed to show a wide variety of general-interest programs increased by four to nine, and the number of government-owned stations stayed at three. The fifth new channel is only permitted to show news programs.

[Via] WSJ

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