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The Foundation Of Broadcast Culture
The Foundation for Broadcast Culture () is the only institution dedicated to the promotion of broadcasting in South Korea. Partly to address concerns following the country's 1987 democratic reforms, the National Assembly established the Foundation for Broadcast Culture to insulate MBC from political influence and KBS. The foundation was established as a not-for-profit statutory corporation in accordance with "The Foundation for Broadcast Culture" Act (Ordinance No. 6137) first formulated on December 26, 1988. It is a major shareholder of MBC (Munhwa Broadcasting Corporation Munhwa Broadcasting Corporation (MBC; ) is one of the leading South Korean television and radio broadcasters. Its flagship terrestrial television station MBC TV broadcasts as channel 11. MBC News Now broadcasts as channel 12. Establish ...) to which 70% of the stocks of MBC was donated as "the initial fund for the promotion of broadcasting culture" from the government. Except for the corporate ...
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Statutory Corporation
A statutory corporation is a corporation, government entity created as a statutory body by statute. Their precise nature varies by jurisdiction, but they are corporations owned by a government or controlled by national or sub-national government to the (in some cases minimal) extent provided for in the creating legislation. Bodies described in the English language as "statutory corporations" exist in the following countries in accordance with the associated descriptions (where provided). Australia In Australia, statutory corporations are a type of statutory authority created by Acts of state or federal parliaments. A statutory corporation is defined in the federal Department of Finance (Australia), Department of Finance's glossary as a "statutory body that is a body corporate, including an entity created under section 87 of the PGPA Act" (i.e. a statutory authority may also be a statutory corporation). An earlier definition describes a statutory corporation as "a statutory auth ...
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Seoul
Seoul, officially Seoul Special Metropolitan City, is the capital city, capital and largest city of South Korea. The broader Seoul Metropolitan Area, encompassing Seoul, Gyeonggi Province and Incheon, emerged as the world's List of cities by GDP, sixth largest metropolitan economy in 2022, trailing behind New York metropolitan area, New York, Greater Tokyo Area, Tokyo, Greater Los Angeles, Los Angeles, Paris metropolitan area, Paris, and London metropolitan area, London, and hosts more than half of South Korea's population. Although Seoul's population peaked at over 10 million, it has gradually decreased since 2014, standing at about 9.6 million residents as of 2024. Seoul is the seat of the Government of South Korea, South Korean government. Seoul's history traces back to 18 BC when it was founded by the people of Baekje, one of the Three Kingdoms of Korea. During the Joseon dynasty, Seoul was officially designated as the capital, surrounded by the Fortress Wall of Seoul. I ...
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South Korea
South Korea, officially the Republic of Korea (ROK), is a country in East Asia. It constitutes the southern half of the Korea, Korean Peninsula and borders North Korea along the Korean Demilitarized Zone, with the Yellow Sea to the west and the Sea of Japan to the east. Like North Korea, South Korea claims to be the sole legitimate government of the entire peninsula and List of islands of South Korea, adjacent islands. It has Demographics of South Korea, a population of about 52 million, of which half live in the Seoul Metropolitan Area, the List of largest cities, ninth most populous metropolitan area in the world; other major cities include Busan, Daegu, and Incheon. The Korean Peninsula was inhabited as early as the Lower Paleolithic period. Gojoseon, Its first kingdom was noted in Chinese records in the early seventh century BC. From the mid first century BC, various Polity, polities consolidated into the rival Three Kingdoms of Korea, kingdoms of Goguryeo, Baekje, and Sil ...
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National Assembly Of South Korea
The National Assembly of the Republic of Korea () is the unicameral national legislature of South Korea. Elections to the National Assembly are held every four years. The latest legislative elections were held on 10 April 2024. The current National Assembly held its first meeting, and also began its current four year term, on 30 May 2024. The current Speaker was elected 5 June 2024. The National Assembly has 300 seats, with 254 constituency seats and 46 proportional representation seats; PR seats are assigned an additional member system ''de jure'' but parallel voting ''de facto'' because the usage of decoy lists by the Democratic and People Power Parties is prevalent. The unicameral assembly consists of at least 200 members according to the South Korean constitution. In 1990 the assembly had 299 seats, 224 of which were directly elected from single-member districts in the general elections of April 1988. Under applicable laws, the remaining seventy-five representatives wer ...
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Statutory Corporation
A statutory corporation is a corporation, government entity created as a statutory body by statute. Their precise nature varies by jurisdiction, but they are corporations owned by a government or controlled by national or sub-national government to the (in some cases minimal) extent provided for in the creating legislation. Bodies described in the English language as "statutory corporations" exist in the following countries in accordance with the associated descriptions (where provided). Australia In Australia, statutory corporations are a type of statutory authority created by Acts of state or federal parliaments. A statutory corporation is defined in the federal Department of Finance (Australia), Department of Finance's glossary as a "statutory body that is a body corporate, including an entity created under section 87 of the PGPA Act" (i.e. a statutory authority may also be a statutory corporation). An earlier definition describes a statutory corporation as "a statutory auth ...
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Munhwa Broadcasting Corporation
Munhwa Broadcasting Corporation (MBC; ) is one of the leading South Korean television and radio broadcasters. Its flagship terrestrial television station MBC TV broadcasts as channel 11. MBC News Now broadcasts as channel 12. Established on 2 December 1961, MBC's terrestrial operations have a nationwide network of 17 regional stations. Although it operates on advertising, MBC is classified as a public broadcaster as its largest shareholder is a public organization, the Foundation of Broadcast Culture. MBC consists of a multimedia group with one terrestrial TV channel, three radio channels, five cable channels, five satellite channels and four DMB channels. MBC is headquartered in Digital Media City (DMC), Mapo District, Seoul and has the largest broadcast production facilities in Korea including digital production centre Dream Center in Ilsan, indoor and outdoor sets in Yongin Daejanggeum Park. History Radio era (1961–1968) Launching the first radio broadc ...
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Channel Four Television Corporation
Channel Four Television Corporation is a British state-owned_enterprise, state-owned media company which runs 12 television channels, a streaming service, and film and TV production. Unlike the BBC, it receives no Subsidy, public funding and is instead funded entirely by its own commercial activities. Its original and principal activity is the British national television network Channel 4. The company was founded in 1982 as the Channel Four Television Company Limited, a wholly-owned subsidiary of the Independent Broadcasting Authority, IBA, and became an independent statutory corporation in 1993. November 1998 saw Channel Four expand beyond its remit of providing the 'fourth service' in a significant way, with the launch of Film4. Since then the corporation has been involved in a range of other activities, all in some way associated with the main channel, and mainly using the '4' brand. The company also owned The Box Plus Network, a music-focused company with a network of six mus ...
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Independent Broadcasting Authority
The Independent Broadcasting Authority (IBA) was the regulatory body in the United Kingdom for commercial television ( ITV and Channel 4 and limited satellite television regulation – cable television was the responsibility of the Cable Authority) – and commercial and independent radio broadcasts. The IBA came into being when the Sound Broadcasting Act 1972 gave the Independent Television Authority responsibility for organising the new Independent Local Radio (ILR) stations. The Independent Television Commission formally replaced the IBA on 1 January 1991 in regulatory terms; however, the authority itself was not officially dissolved until 2003. The IBA appointed and regulated a number of regional programme TV contractors and local radio contractors, and built and operated the network of transmitters distributing these programmes through its Engineering Division. It established and part-funded a National Broadcasting School to train on-air and engineering staff. Approach ...
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Government Agencies Of South Korea
A government is the system or group of people governing an organized community, generally a state. In the case of its broad associative definition, government normally consists of legislature, executive, and judiciary. Government is a means by which organizational policies are enforced, as well as a mechanism for determining policy. In many countries, the government has a kind of constitution, a statement of its governing principles and philosophy. While all types of organizations have governance, the term ''government'' is often used more specifically to refer to the approximately 200 independent national governments and subsidiary organizations. The main types of modern political systems recognized are democracies, totalitarian regimes, and, sitting between these two, authoritarian regimes with a variety of hybrid regimes. Modern classification systems also include monarchies as a standalone entity or as a hybrid system of the main three. Historically prevalent ...
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Non-profit Organizations Based In South Korea
A nonprofit organization (NPO), also known as a nonbusiness entity, nonprofit institution, not-for-profit organization, or simply a nonprofit, is a non-governmental (private) legal entity organized and operated for a collective, public, or social benefit, as opposed to an entity that operates as a business aiming to generate a profit for its owners. A nonprofit organization is subject to the non-distribution constraint: any revenues that exceed expenses must be committed to the organization's purpose, not taken by private parties. Depending on the local laws, charities are regularly organized as non-profits. A host of organizations may be non-profit, including some political organizations, schools, hospitals, business associations, churches, foundations, social clubs, and consumer cooperatives. Nonprofit entities may seek approval from governments to be tax-exempt, and some may also qualify to receive tax-deductible contributions, but an entity may incorporate as a nonprofit en ...
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Organizations Established In 1988
An organization or organisation (Commonwealth English; see spelling differences) is an entity—such as a company, or corporation or an institution (formal organization), or an association—comprising one or more people and having a particular purpose. Organizations may also operate secretly or illegally in the case of secret societies, criminal organizations, and resistance movements. And in some cases may have obstacles from other organizations (e.g.: MLK's organization). What makes an organization recognized by the government is either filling out incorporation or recognition in the form of either societal pressure (e.g.: Advocacy group), causing concerns (e.g.: Resistance movement) or being considered the spokesperson of a group of people subject to negotiation (e.g.: the Polisario Front being recognized as the sole representative of the Sahrawi people and forming a partially recognized state.) Compare the concept of social groups, which may include non-organiza ...
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