Foundation for Broadcast Culture Archives

MBC’s Largest Shareholder Decides to Sack Company President

SEOUL, Nov. 13 (Korea Bizwire) – The largest shareholder of the nation’s second largest public broadcaster Munhwa Broadcasting Corporation (MBC) on Monday voted to fire the company president Kim Jang-kyom for his “politically biased” control of the company’s news coverage. The Foundation for Broadcast Culture (FBC) passed a motion on the dismissal of Kim through its eighth extraordinary board meeting in Seoul. Of six FBC board [...]

MBC Foundation Fires Chairman Close to Previous Government

SEOUL, Nov. 2 (Korea Bizwire) – The Foundation for Broadcast Culture (FBC), the largest shareholder of MBC TV, voted to fire its chairman Thursday, holding him responsible for the network management’s alleged unfair labor practices and politically biased interference in news coverage under previous conservative governments. The FBC board decided to dismiss Chairman Koh Young-ju [...]