The ''Kyunghyang Shinmun'' () is a major daily

newspaper A newspaper is a Periodical literature, periodical publication containing written News, information about current events and is often typed in black ink with a white or gray background. Newspapers can cover a wide variety of fields such as poli ...

published in

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 t ...

. It is based in

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 b ...

. The name literally means '' Urbi et Orbi Daily News''."Who is the ''Kyunghyang Shinmun'' (''Kyunghyang Daily News'')"
''Kyunghyang Shinmun'' website (English). Retrieved 2011-10-06.

History

''Kyunghyang Shinmun'' was founded in 1946 by the Catholic Church, which explains its name. Before the Korean War, it was edited by Fr. Peter Ryang, a refugee from the North, and its circulation was 100,000. ''Kyunghyang Shinmun'' was temporarily closed down in May 1959 by the Rhee administration on grounds of having printed "false editorials", (fee required for full article). but revived after the pro-democracy

April Revolution The April Revolution (), also called the April 19 Revolution or April 19 Movement, were mass protests in South Korea against President Syngman Rhee and the First Republic from April 11 to 26, 1960, which led to Rhee's resignation. Protests ...

of 1960. As of today, the newspaper is no longer associated with the Catholic Church. In 1974, ''Kyunghyang Shinmun'' joined forces with

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 ...

(MBC), thus forming the new Munhwa Broadcasting-Kyunghyang Shinmun Company. The partnership lasted until 1981, when the two companies were separated due to the Basic Press Act. It later came to be owned by the

Hanwha Hanwha Group () is a large business conglomerate (chaebol) in South Korea. Founded in 1952 as Korea Explosives Co. (), the group has grown into a large multi-profile business conglomerate, with diversified holdings stretching from explosivesthei ...

chaebol A chaebol ( , ; , ) is a large industrial South Korean conglomerate run and controlled by an individual or family. A chaebol often consists of multiple diversified affiliates, controlled by a person or group. Several dozen large South Kore ...

'' in 1990, but Hanwha relinquished its control of the newspaper after the

1997 Asian financial crisis The 1997 Asian financial crisis gripped much of East Asia, East and Southeast Asia during the late 1990s. The crisis began in Thailand in July 1997 before spreading to several other countries with a ripple effect, raising fears of a worldwide eco ...

, at the same time as Hanhwa's competitor

Hyundai Hyundai is a former South Korean industrial conglomerate ("''chaebol''"), which was restructured into the following groups: * Hyundai Group, parts of the former conglomerate which have not been divested ** Hyundai Asan, a real estate construction ...

gave up its own daily, the ''

Munhwa Ilbo ''Munhwa Ilbo'' () is a daily newspaper in South Korea. It was established in August 1990, and printed its first issue on 1 November 1991. History ''Munhwa Ilbo'' was formerly owned by the Hyundai; however, Hyundai relinquished their control o ...

''.

Current operations

In 1998, ''Kyunghyang Shinmun'' became an independent newspaper with employee ownership. The CEO is elected by the employees; the editor-in-chief, though appointed by the CEO, must be approved by a majority of the journalist-employees. The newspaper employs 600 people, including 240 journalists and maintains foreign bureaus in Washington, D.C., Tokyo and Beijing. It reports 1.3 million daily visitors to its website and 6.2 million daily page-views. The company also publishes a daily sports newspaper (''Sports Kyunghyang''), a weekly news magazine (''The Jugan Kyunghyang'') and a monthly lifestyle magazine for women (''The Lady Kyunghyang''). ''

The Hankyoreh ''The Hankyoreh'' () is a centre-left liberal daily newspaper in South Korea. It was established in 1988 after widespread purges forced out dissident journalists, and was envisioned as an alternative to existing newspapers, which were regarde ...

'' and ''Kyunghyang Shinmun'' are generally considered "liberal" or "moderate progressive".

References

External links

* * {{Authority control Korean-language newspapers Centrist newspapers Liberal media in South Korea Newspapers published in Seoul Newspapers established in 1946 Daily newspapers published in South Korea

History

Current operations

See also

References

External links