Korean Broadcasting System, also known as KBS, is a state-owned national broadcaster headquartered in South Korea. Founded in 1927, the company employs approximately 1400 individuals and reported $1.0B in revenue as of 2024, functioning as a tier 1 media tech buyer. The company specializes in broadcast television and radio, operating as a South Korean television and radio broadcaster under the government of South Korea.

2024 Revenue

Founded

1927

Headcount

1,394

Headquarters

South Korea

Primary Segment

Broadcast television and radio

Ownership

State Owned

News Summary:

KBS partnered with Rimini Street on July 18, to support its SAP ECC 6.0 system, enabling redirection of funds from system upgrades to artificial intelligence projects. This partnership reduced KBS's annual software maintenance costs by half. Separately, KBS implemented LaON’s Genie intercom systems in its D control room and KBS Hall. This provided stability and beltpack expandability for the broadcaster's seven radio networks, ten television channels, and multiple internet-exclusive services. A KBS report detailed a July 18 telephone call between South Korean President Lee Jae-myung and Turkish President Recep Tayyip Erdoğan, where they agreed to strengthen their countries' strategic partnership.

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Korean Broadcasting System offers 5 products in the media and telecoms services industry. Korean Broadcasting System's product portfolio comprises of broadcast television and radio.
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Korean Broadcasting System's revenues were over $1B in 2024. Caretta Research has split Korean Broadcasting System's revenue into 3 different product categories, the largest of which is linear (national channel groups). For full access to Korean Broadcasting System's revenue breakdown subscribe to Caretta Portal.
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Examples of Korean Broadcasting System's suppliers include Ateme, Grass Valley and Amazon Web Services (AWS).

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Korean Broadcasting System currently holds 11 broadcasting rights for sports competitions including futsal, multi-sport, athletics, baseball, beach soccer and soccer | association football.

Example Sports Rights Suppliers

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