Munhwa Broadcasting Corporation (MBC), a privately owned South Korean media company founded in 1961, operates one of the nation's four major television and radio networks. Employing approximately 4,000 people, MBC's flagship channel broadcasts on digital channel 11. While previously under government ownership, it is now primarily controlled by the Foundation of Broadcast Culture (70% ownership) and the Jung-Su Scholarship Foundation (30%), receiving no government funding. MBC generates revenue mainly through advertising and operates 19 regional stations and 10 subsidiaries. Its 2020 revenue was below $500 million.
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Munhwa Broadcasting Corporation offers 4 products in the media and telecoms services industry. Munhwa Broadcasting Corporation's product portfolio comprises of broadcast television and radio.
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Munhwa Broadcasting Corporation's revenues were less than $500M in 2023. All the revenue comes from linear (thematic channel groups).
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Munhwa Broadcasting Corporation has suppliers like Castis.
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Munhwa Broadcasting Corporation currently holds 9 broadcasting rights for sports competitions including baseball, multi-sport, soccer | association football and beach soccer.
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