Chapter 666: TV Station

In the Korean entertainment industry, in general, the entertainment company is the master of the artist, and the TV station is the common master of the artist and the entertainment company, not only in terms of business control, but also in the difference of social status.

If it is controlled by TV stations, there will not be much room for development for any company.

No matter how tough your entertainment company is, even if it is S&M, he often has conflicts with MBC or mnet, but while he has conflicts, he will also strengthen his ties with the other two TV stations, and it is impossible to offend all four TV stations at once.

Otherwise, they wouldn't even have a single announcement.

There is no announcement, no matter how strong it is, it is useless, who cares about idols who can't be seen.

Established companies don't dare to fight with TV stations, and this is especially true for emerging companies, just look at mnet, and if you don't have TV stations and award ceremonies, it simply can't break the blockade of S&M, JYP, YG and other veterans.

If Hee-sung wants to deploy in South Korea, he must control a TV station.

Needless to say, KBS is the oldest public television station in Korea as a media organization directly established by the Korean government, and the reason why it is called public rather than national is because its management method is slightly different from the concept of national television. At present, there is no real national television station in South Korea, and in the hearts of the people, Korean broadcasting KBS is undoubtedly the status of national television.

The origins of KBS can be traced back to 1927, when Gyeongseong Television was the ancestor of Korea's television broadcasting business. In 1947, with the participation of the Guò government, Gyeongseong Television was reorganized into Korea Central Television. In 1953, Seoul Central Television (then known as Seoul CCTV) was established; In 1961, Seoul International Television and Seoul Television were established. In 1968, these three stations merged with Korea Central Television, and in 1973 they were officially renamed Korea Broadcasting KBS Television.

KBS is similar to China's CCAV, if you want to buy it or take control of it, it is pure death.

So when it came time to determine the goal, this TV station Xicheng didn't even think about it.

MBC's television and radio broadcasts cover all parts of Korea, and the initial starting point was the Broadcasting and Broadcasting Bureau. Founded on December 2, 1961, it was not until August 8, 1969 that MBCTV was officially established, and MBCTV had two major broadcasting channels, television and radio.

MBC Cultural Broadcasting, which is based on 1 billion won, now has 69 broadcasting sub-bureaus and 184 broadcasting intermediaries across the country, which can be said to have been deeply rooted for a long time.

Unlike KBS, which does not broadcast advertisements, advertising is a very important income for MBC in terms of operation, and it is a commercial television station in terms of the nature of its business. However, 70% of MBC's shares belong to the public organization "Broadcasting Culture Promotion Association", and from this point of view, the legal nature of MBC is a public television station, and whether MBC is commercial or public. There are often controversies among South Koreans.

70% belong to state organs, which makes Xicheng how to start.

Although the mouth is good, there is nowhere to put the mouth, and there is nothing to say.

Finally, let's look at SBS, SBS is relatively late and special compared with the other two.

Back in 1990, during the period of major reform of the Korean news broadcasting industry, in August of that year, the Korean "Broadcasting Act" was amended, and since then the operation of private broadcasting agencies in South Korea has been allowed. October 31 of the same year. Thirty-one companies, including Taeyoung Co., Ltd., cooperated to establish Seoul Broadcasting Co., Ltd., which is now known as SBS Television.

It doesn't seem to have much history, and the equity is very dispersed.

If you want to win a super-large TV station, only SBS has half a chance.

But after Hee Sung let Kim Doo Hwan come into contact. I can only be very disappointed to find that they are not the only ones in this world who are not bad for money.

Let's take a look at what the major shareholders of SBS write about.

Taeyoung Real Estate Construction has a 30% stake, which is the largest real estate construction consortium in South Korea. But if you uncover their superficial wealth network, you will find that he has a property relationship with half of the top 10 conglomerates.

The Rose-Dou-Rami boiler accounts for 13.2%, which is a painful name. However, it is a professional production and R&D enterprise of boilers in the world, and its excellent quality and strong competitiveness have cast the golden signboard of "Gem Lammy". Since its founding in 1962, it has been leading the development of Korean heating culture for 47 years. Since its establishment, the company has produced more than 300 kinds of products; It has more than 560 industrial intellectual property rights; It has obtained various domestic and foreign certifications and international standard ISO9001, ISO9002 quality system certification, EU CE certification, etc.

The same behemoth that is not bad for money.

With 9.5 percent of the company's share in the company's reputation, no one can ignore the fact that it is a joint venture between Hana Financial Holdings and UBS.

Korea Mill controls 5.6%, and the rest is a public government share, which is exclusively owned by the Korea National Pension Management Corporation.

None of them are fuel-efficient, etc., so some people say that MBC is the TV station of the political party, and SBS is the TV station of the consortium, so Xi Cheng will not be able to float up if he throws it in to practice a splash, unless the family fund behind him supports him regardless of the price, at least a dozen or even dozens or hundreds of times the cost of the phone to buy.

That's not an acquisition, that's throwing money, pure comics.

Therefore, Xicheng can only give up the three major TV stations, and similarly, MNET cannot be sold, and the Xijie Group behind it, which is the top five super consortium, has never only acquired other people's shares, which will be bought by others.

Hee-sung's goal continued to decline, so it fell on OBS Kyungin TV.

OBS is a private radio and television station in Incheon and Gyeonggi Province, Republic of Korea, founded on August 30, 2006 and officially launched on December 28, 2007. The main viewing area is Incheon metropolitan city and Gyeonggi Province in South Korea, including the capital Seoul, and the headquarters is located in Bucheon, Gyeonggi Province.

OBS is also the third commercial radio and television station in Seoul, the capital of South Korea, after SBS and MBC.

At the same time, OBS is one of the two private operators of the four major cable and radio networks in South Korea, the other being SBS.

Cable TV, also known as terrestrial broadcasting, refers to SBS, KBS, MBC, OBS, and other TV stations such as JTBC, MNET, TVN, etc.

JTBC does have the resources and strength to become a cable television station, but its shareholder is JoongAng Ilbo, and it is subject to Samsung.

At that time, in order to avoid the monopoly of Samsung, the South Korean government forcibly separated JoongAng Ilbo from Samsung, and JTBC, a subsidiary of JoongAng Ilbo, was also divided into two parts, one part became a cable television station, and the other part was merged into KBS.

However, OBS is not so easy to start, it does not have any complicated equity relationship, more than 90% of the equity is in the hands of one person, that is, the world's hat king Bai Shenghe.

Bai Shenghe is currently the chairman of the board of directors of South Korea's OBS Kyungin TV, and is an internationally renowned entrepreneur with more than 30 companies and an annual output value of 2 billion US dollars - much richer than Hee-sung.

Hee-sung has no way to start at all, and TVB is too limited and not to his liking, so he can only wait, and by the way, let Kim Doo-hwan soften and hard, and strive to loosen the other party.

Until now, it may be that he has lost too much money, and Bai Shenghe finally relented and said that he could discuss. (To be continued......)