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Munhwa Broadcasting Corporation

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Munhwa Broadcasting Corporation
Native name
Company typePublic
krx028860 (abolished)KRX: 052220
IndustryBroadcast radio and television
FoundedFebruary 21, 1961; 63 years ago (1961-02-21)
Headquarters267, Sangam-dong, Mapo District, Seoul, South Korea
Number of locations
9 cities (Tokyo, Beijing, Bangkok, Paris, London, Los Angeles, Washington, and New York) (2015)
Area served
  • South Korea
  • United States (satellite, certain metropolitan areas over-the-air)
Key people
Choi Seung-ho CEO and President, 2017-present
Revenue1,500,941,912,398 won (2015)
59,272,035,738 won (2015)
82,403,520,805 won (2015)
Total assets2,557,227,645,206 won (December 2015)
Total equity1,000,000,000 won (December 2015)
Owner
Number of employees
1,712 (December 2015)
Subsidiaries
WebsiteIMBC.com

Munhwa Broadcasting Corporation (MBC; Korean문화방송주식회사; Hanja文化放送株式會社; RRMunhwa Bangsong Jusikhoesa; lit. "Cultural Broadcasting Corporation") is one of the leading South Korean television and radio network companies. Munhwa is the Korean word for "culture". Its flagship terrestrial television station MBC TV is Channel 11 (LCN) for Digital.

Established on December 2, 1961, MBC is a Korean terrestrial broadcaster which has a nationwide network of 17 regional stations. Although it operates on advertising, MBC is a public broadcaster, as its largest shareholder is a public organization, The Foundation of Broadcast Culture. Today, it is a multimedia group with one terrestrial TV channel, three radio channels, five cable channels, five satellite channels and four DMB channels.

MBC is headquartered in Digital Media City (DMC), Mapo-gu, Seoul and has the largest broadcast production facilities in Korea including digital production center Dream Center in Ilsan, indoor and outdoor sets in Yongin Daejanggeum Park.

History

Radio era (1961-1968)

Launching the first radio broadcast signal (call sign: HLKV, frequency: 900 kHz, output: 10 kW) from Seoul, MBC started as the first non-governmental commercial broadcaster in Korea. On April 12, 1963, it obtained a license from the government for operating regional stations in major cities (Daegu, Gwangju, Daejeon, Jeonju) in Korea, and established a broadcast network which connects 6 cities including Seoul and Busan.

Black & white TV era (1969-1980)

MBC launched TV broadcasting on August 8, 1969 (call sign: HLAC-TV, output: 2 kW), and started to broadcast its main news program MBC Newsdesk on October 5, 1970. It reached affiliation deal with 7 commercial stations (in Ulsan, Jinju, Gangnueng, Chuncheon, Mokpo, Jeju, Masan) between 1968 and 1969, and started nationwide TV broadcasting through its 13 affiliated or regional stations. In 1974, FM radio was launched, as MBC took over The Kyunghyang Shinmun (daily newspaper company).

Color TV era (1980-1990)

The first color TV broadcasting was started on December 22, 1980. MBC was separated from The Kyunghyang Shinmun according to the 1981 Basic Press Act. In 1982, it moved into the Yoido headquarters and founded professional baseball team MBC Cheong-ryong (Blue Dragon). With the live coverage of the 1986 Seoul Asian Games and the 1988 Seoul Olympic Games, MBC made a great advancement in scale and technology.

Multimedia era (1991-2000)

After rapidly growing into a large corporation, covering major international events, MBC established specialized companies for each value chain (MBC Production, MBC Media Tech, MBC Broadcast Culture Center, MBC Arts Company, MBC Arts Center) and spined them off as subsidiaries to become a more efficient corporation amid fiercer competition in the multimedia era. ※ MBC Production and MBC Media Tech were merged into MBC C&I in August, 2011.

Digital era (2001–present)

As the convergence of broadcasting and communications becomes full-fledged, MBC made its subsidiary iMBC (internet MBC) an independent corporation and pursued various internet-related business. Furthermore, it started cable TV (MBC Plus Media,) satellite TV and new DMB broadcasting. In 2007, MBC established digital production center Ilsan Dream Center, which is equipped with high-tech production facilities. In September 2014, it completed the construction of a new headquarters building and moved from Yoido to Sangam-dong, opening a new era of Sangam MBC.

In 2001, MBC launched satellite and cable television broadcasting. As part of this expansion it created MBC America, a subsidiary based in Los Angeles, United States, to distribute its programming throughout the Americas. On August 1, 2008 MBC America launched MBC-D, a television network carried on the digital subchannels of KSCI-TV, KTSF-TV, and WMBC-TV. The service was planned to be launched in Atlanta, Chicago, and Washington, D.C. by the end of the year.[1][2] In northeast metro Atlanta, it aired on WKTB-CD channel 47.3, but as of 2011 is on WSKC-CD channel 22.1.

International relations

MBC is an active member of international organizations such as ABU (Asia-Pacific Broadcasting Union), IATAS (The International Academy of Television Arts & Science) and INPUT (International Public Television Screening Conference), and is affiliated with 21 broadcasters in 13 different countries.

It is engaged in various global business through overseas corporations in Los Angeles and Shanghai, and bureaus in North America, Latin America, Europe and the Middle East as well as Asia, in close cooperation with major global media groups.

MBC is devoted to entering foreign markets and expanding the business area. It maintains a close relationship with foreign buyers by participating in major content markets every year such as MIP-TV, MIPCOM, NATPE, BCWW and ATF. In addition, it operates an English web site which introduces various MBC content to the overseas buyers and viewers so that they can easily access its content.

MBC drama What on Earth Is Love? is the first Korean Wave drama which sparked the K-drama boom across China, when it was aired on CCTV in 1997. Since then, numerous MBC dramas, entertainment shows, and documentaries have been exported to different countries. The drama "Dae Jang Geum" was shown in as many as 91 countries around the world. More recently, MBC is widening its content business area by exporting show formats such as I Am a Singer, We Got Married and Dad! Where Are We Going? to other countries.

MBC channels

See also in Korean Wikipedia: Munhwa Broadcasting Corporation Television
  • 1 terrestrial TV (MBC TV – channel 11)
  • 3 Radio stations:
Name Frequency Power (kW)
MBC Standard FM 900 kHz AM
95.9 MHz FM
50 kW(AM)
10 kW(FM)
MBC FM4U 91.9 MHz FM 10 kW
Channel M CH 12A DAB 2 kW
  • 5 cable (drama, sports, game-show, variety and documentary)
  • 5 satellite (drama, sports, game-show, variety and documentary)
  • 3 terrestrial DMB (TV, radio, data)
  • 2 satellite DMB (drama, sports)

Logos

Headquarters

See also

References

  1. ^ http://www.mbc24tv.com/html/dtv_en.asp[permanent dead link]
  2. ^ "Archived copy". Archived from the original on 2015-04-02. Retrieved 2008-08-02. {{cite web}}: Unknown parameter |deadurl= ignored (|url-status= suggested) (help)CS1 maint: archived copy as title (link)