Daegu Munhwa Broadcasting Corporation
Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
Back to profile1 entries
2009
Commercial broadcasting ban over ownership dispute
On 10 July 2009, the Korean Communications Commission imposed a three-month commercial ban on the television station after it refused to sell an 8% stake held by SsangYong. Regulators considered the ownership arrangement incompatible with broadcasting rules because SsangYong had been acquired by Morgan Stanley Private Equity in 2006 and was treated as a foreign entity under the relevant regulatory framework.