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Who Owns the World's Media?Media Concentration and Ownership around the World$
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Eli M. Noam and The International Media Concentration Collaboration

Print publication date: 2016

Print ISBN-13: 9780199987238

Published to Oxford Scholarship Online: January 2016

DOI: 10.1093/acprof:oso/9780199987238.001.0001

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Media Ownership and Concentration in South Korea

Media Ownership and Concentration in South Korea

Chapter:
(p.827) 27 Media Ownership and Concentration in South Korea
Source:
Who Owns the World's Media?
Author(s):

Daeho Kim

Seongcheol Kim

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199987238.003.0027

This chapter examines media ownership and concentration in South Korea. After completing an overview of the South Korean media landscape, the chapter turns to print media (newspapers, book publishing), audiovisual media (radio, broadcast television, multichannel TV platforms, video channels, film, music), telecommunications media (wireline and wireless telecom), and Internet media (Internet Service Providers, search engines). Before the 2000 Broadcasting Law, mass media ownership was strictly regulated in Korea and cross-ownership of print and audiovisual properties was prohibited. However, faced with revenue losses due to a decline in advertising revenue, print publishers led the way in pushing for greater deregulation over cross-ownership, and they finally succeeded at this effort in 2010. The telecom and ISP markets are dominated by the incumbent KT, as well as by SK and LG. In the audiovisual field, public service organizations predominate, and the main commercial firms are SBS and the CJ group. The four major newspaper publishers are ideologically similar, leading to the emergence of the citizen journalism operation Ohmynews.

Keywords:   South Korean media market, media industry, newspapers, print media, deregulation, telecommunications, Internet, SBS, LG, KT, SK, CJ, Ohmynews

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