Korea’s JoongAng Seeks Rehabilitation After Broadcaster Default
Source:
bloombergMarkets
June 14, 2026 · 18:19
South Korean media giant JoongAng Group has filed for court rehabilitation after its broadcaster defaulted on a loan, with the company hit by financial strain linked to its purchase of expensive sports broadcasting rights acquired at the peak of the media market.
The original article opens on the publisher's website.
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