Korea New Network Co., Ltd., Taegu Broadcasting Corporation, Kwangju Broadcasting Company Ltd., Taejon Broadcasting Co. Ltd., Jeonjo Television Co., Ltd., Ulsan Broadcasting Corp., Cheongju Broadcasting Co., Ltd., Jeju Free International City Broadcasting System and Gangwon Television Broadcasting Co. Ltd. acquired 18% stake in MEDIACR8 Co., Ltd. from Seoul Broadcasting System for KRW 2.7 billion.
August 06, 2012 at 12:00 am
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Korea New Network Co., Ltd. (KOSE:A058400), Taegu Broadcasting Corporation (KOSE:A033830), Kwangju Broadcasting Company Ltd., Taejon Broadcasting Co. Ltd., Jeonjo Television Co., Ltd., Ulsan Broadcasting Corp., Cheongju Broadcasting Co., Ltd., Jeju Free International City Broadcasting System and Gangwon Television Broadcasting Co. Ltd. acquired 18% stake in MEDIACR8 Co., Ltd. from Seoul Broadcasting System (KOSE:A034120) for KRW 2.7 billion on August 3, 2012. As part of the deal, 0.54 million shares of MEDIACR8 was acquired at a price of KRW 5000 per share.
Korea New Network Co., Ltd. (KOSE:A058400), Taegu Broadcasting Corporation (KOSE:A033830), Kwangju Broadcasting Company Ltd., Taejon Broadcasting Co. Ltd., Jeonjo Television Co., Ltd., Ulsan Broadcasting Corp., Cheongju Broadcasting Co., Ltd., Jeju Free International City Broadcasting System and Gangwon Television Broadcasting Co. Ltd. completed the acquisition of 18% stake in MEDIACR8 Co., Ltd. from Seoul Broadcasting System (KOSE:A034120) on August 3, 2012.
TAEGU BROADCASTING CORPORATION is a Korea-based company engaged in the broadcasting business. The Company's activities consist of television broadcasting, frequency modulation (FM) radio broadcasting, program contents distribution, digital media broadcasting (DMB), as well as advertising services. It provides network programs and self-organizing programs including self-produced programs, joint-produced programs, purchased programs and exchanged programs. The network programs are organized by SBS and relayed by the Company. It is also involved in organization and support of culture performances.
Korea New Network Co., Ltd., Taegu Broadcasting Corporation, Kwangju Broadcasting Company Ltd., Taejon Broadcasting Co. Ltd., Jeonjo Television Co., Ltd., Ulsan Broadcasting Corp., Cheongju Broadcasting Co., Ltd., Jeju Free International City Broadcasting System and Gangwon Television Broadcasting Co. Ltd. acquired 18% stake in MEDIACR8 Co., Ltd. from Seoul Broadcasting System for KRW 2.7 billion.