Hankook Ilbo Media Group Explained

Hankook Ilbo Media Group
Founder:Chang Key-young
Founded:1954
Location:Seoul, South Korea
Industry:Media

The Hankook Ilbo Media Group was a South Korean publishing company founded in 1954 by Chang Key-young and headquartered in Seoul. It had been the publisher of Hankook Ilbo, The Korea Times, Seoul Economic Daily, Sports Hankook, Children's Hankook Ilbo, Weekly Hankook and The Korea Times in North America. Hankook Ilbo also published Korean editions of Fortune Korea, Popular Science, Golf Magazine and is Bloomberg TV's content partner.[1]

History

Controversy

Chang Jae-ku, former chairman of the Hankook Ilbo Media Group, was found guilty in February 2014 by the Seoul Central District Court of embezzling company funds worth a total of 45.6 billion won ($40.8 million) from Hankook Ilbo and Seoul Economic Daily. He was sentenced to three years in prison.[2]

See also

Notes and References

  1. News: Kikuchi. Tomomi. Asia's print media are on the ropes. 3 May 2017. Financial Times.
  2. Web site: Newspaper owner gets prison term for embezzlement . February 11, 2014 . . Herald Corporation.