Published Jun 14, 2026, 9:19 PM ET · Updated 5 months ago · 1 source
Korea’s JoongAng Seeks Rehabilitation After Broadcaster Default
bloomberg
·
Original Report
INFERY
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.