Life and Education
Born on November 11, 1977, Hong Jeong-do is the eldest son of Hong Seok-hyun, who holds the position of Chairman at JoongAng Holdings. He started college as a history major at Yonsei University and completed a bachelor's degree in economics at Wesleyan University. He furthered his academic pursuits by obtaining a master's degree in business administration fromEducation
Master of Business Administration(MBA) fromCareer
April 2022 – Present CDXO of JoongAng Ilbo & JTBCJTBC's Inception
In 2010, Hong Jeong-do took on the role of overseeing strategic planning at JMnet's broadcasting headquarter. The culmination of his efforts came on December 31 of that year when he marked a pivotal achievement by clinching first place in a process to select general programming channel operators conducted by the Korea Communications Commission. This achievement marked a significant breakthrough in the revival of TBC (Tongyang Broadcasting Company), the leading commercial broadcaster in Korea during the 1960s and 1970s. TBC was forced to cease operations in 1980 in the then military government’s efforts to consolidate media. JTBC officially embarked on its broadcasting journey on December 1, 2011. Along this path, the network achieved remarkable milestones, notably the groundbreaking 'Newsroom' scoop on government affairs in 2016. For an impressive span of five consecutive years, Sisa Journal awarded JTBC with the esteemed title of the 'Most Trusted Media’. Furthermore, JTBC left an indelible mark in the realm of entertainment with a string of hit dramas, including 'SKY Castle', 'The World of the Married', 'Reborn Rich', and 'Doctor Cha'. In addition to these successes, the channel produced a lineup of hugely popular entertainment shows, such as 'Hidden Singer,’ 'Phantom Singer,’ 'Ask Us Anything,’ and 'A Clean Sweep.’ strengthened JMnet's position in the entertainment industry.Merger and Acquisition of Megabox
In 2011, under Hong’s leadership, a significant merger and acquisition unfolded, bringing together the multiplex franchises Megabox and Cinus. In 2015, Megabox took another major step by acquiring the remaining 50% stake previously held by Korea Multiplex Investment(KMIC). This strategic move resulted in JoongAng Group obtaining complete control with a 100% stake, thereby consolidating ownership and securing full management rights. The merger and acquisition of Megabox represented a watershed moment for JoongAng Group, marking its entry into the dynamic entertainment industry. Building on this strategic milestone, the company leveraged its enhanced position to diversify its business endeavors. Megabox found success beyond the cinema screen business, expanding into production, investment, and distribution, with standout projects such as 'Hunt' and 'The Roundup' showcasing its growth.Making History: First Non-Terrestrial Broadcaster to Secure Olympic Broadcasting Rights
In 2019, JTBC made history as Korea’s first non-terrestrial broadcaster to secure broadcasting rights for the Olympic Games. This achievement was the result of a significant meeting between Hong Jeong-do and IOC President Thomas Bach in Lausanne, Switzerland, during June of the same year, culminating in a formal signing ceremony. With the acquisition of the prestigious broadcasting rights, JTBC aims to exclusively broadcast the 2026 to 2032 Winter and Summer Olympics, reaffirming its commitment to premier sports coverage. Pioneering the Establishment of an IP-Centered Content Studio In 2020, JTBC Studio emerged as an independent content production entity, separating from JTBC in response to changing media trends driven by OTT platforms in the Korean media landscape. It was hailed as an innovative measure separating station(broadcasting) and studio(production) at the time. JTBC Studio swiftly ascended to become Korea's premier content production company. In 2021, it achieved remarkable sales of 558.8 billion won and an operating profit of 15 billion won. In 2022, JTBC Studio rebranded itself as SLL, boldly announcing its roadmap to lead in the global market as a content powerhouse. SLL expanded beyond captive content such as 'Reborn Rich,' diversifying into non-captive content production for platforms such as Netflix, giving rise to notable projects like ‘The Sound of Magic,' 'Money Heist: Korea - Joint Economic Zone,' 'Narco-Saints,' and content for Disney+, including 'Big Bet.'Global Activities
Hong Jeong-do holds a prominent position as a member of the World Association of Newspapers and News Publishers(WAN-IFRA) Asia Pacific Committee. In recognition of his outstanding contributions and leadership, he received the prestigious title of World Economic Forum Young Global Leader in 2010. Additionally, he actively participated in the World Economic Forum's Global Agenda Council, further underscoring his commitment to global dialogue and leadership.Family Background
Grandfather: Hong Jin-ki (March 17, 1917 ~ July 13, 1986) - Distinguished as the Chairman & CEO of JoongAng Ilbo and served as Korea’s Minister of Home Affairs. Grandmother: Kim Yoon-nam (June 25, 1924 ~ June 5, 2013) Father:References
{{DEFAULTSORT:Hong, Jeongdo 1977 births Living people South Korean chief executives Stanford University alumni Wesleyan University alumni Yonsei University alumni