Munhwa Broadcasting Corporation (MBC)

http://www.imbc.com
https://www.linkedin.com/company/munhwa-broadcasting-corp/

Munhwa Broadcasting Corporation (MBC) is a privately owned South Korean television and radio network founded in 1961. It is one of the four major national networks in the country. MBC's flagship terrestrial television station is Channel 11 (LCN) for Digital. The network is managed by the Foundation of Broadcast Culture, which owns 70% of the company's stock, while the Jung-Su Scholarship Foundation owns the remaining 30%. MBC receives no government subsidy and generates its revenue primarily through commercial advertising. It has 19 regional stations and 10 subsidiaries. As of 2020, MBC had approximately 4,000 employees and generated less than $500 million in revenue. The company is headquartered in South Korea.

2020 Revenue

Founded

1961

Headcount

4,000

Headquarters

South Korea

Primary Segment

Broadcast television and radio

Ownership

Privately Owned

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Munhwa Broadcasting Corporation (MBC) offers 2 products in the media and telecoms services industry. Munhwa Broadcasting Corporation (MBC)'s product portfolio comprises of broadcast television and radio and streaming services.

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Munhwa Broadcasting Corporation (MBC)'s revenues were less than $500M in 2020. Caretta Research has split Munhwa Broadcasting Corporation (MBC)'s revenue into 2 different product categories, the largest of which is linear (thematic channel groups). For full access to Munhwa Broadcasting Corporation (MBC)'s revenue breakdown subscribe to Caretta Portal.

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Munhwa Broadcasting Corporation (MBC) currently holds 9 broadcasting rights for sports competitions including multi-sport, beach soccer, soccer | association football and baseball.