▲ Kim Jong-cheol, Chairman of the Broadcasting and Media Commission, strikes the gavel at the 18th General Meeting held at the Gwacheon Government Complex on June 18.
Four days after JoongAng Holdings, the holding company of JoongAng Group, and its five affiliates including JTBC filed for corporate rehabilitation with the court, the Broadcasting and Media Commission, the regulatory body in charge, announced that it has formed a "secretariat inspection team" to monitor the situation on an ongoing basis.
Chairman Kim Jong-cheol made the remarks during the 18th General Meeting of the Broadcasting and Media Commission held at the Gwacheon Government Complex this afternoon (June 18).
Chairman Kim emphasized, "Following JTBC's default, a corporate rehabilitation filing has occurred, and I believe it is necessary to address this for the record," adding, "There must absolutely be no infringement on the public's right to view due to a company's financial crisis."
He added, "With the World Cup, an event of great national interest, currently underway, the Commission will monitor the situation closely to ensure there are no disruptions to the broadcasts."
The Commission's secretariat has reportedly formed an inspection team to maintain continuous monitoring and is in close communication with JTBC, requesting cooperation regarding the submission of necessary documents.
Chairman Kim explained, "The Commission is pursuing the hearing of opinions from JTBC as part of our cooperative measures," and added, "For urgent matters, we will proceed with steps such as meeting with the CEO of JTBC, and we will review and implement any necessary procedures."
Previously, during a press conference marking his six months in office on June 15, Chairman Kim stated regarding the rehabilitation filing by JTBC and others, "Since the re-approval process includes an evaluation of financial and technical aspects, we will pay close attention to those areas."
(Photo: Provided by the Broadcasting and Media Commission, Yonhap News)
※ Please note: This article was translated by AI and may contain errors.