Sunday, August 31, 2008

[The Chosun Ilbo, August 6 2008] Limit for Big Firms Running IPTV Channels Set at W10 Trln.

Big corporations with total asset of less than W10 trillion will be able to jump into competition to set up Internet Protocol TV channels under a draft enforcement decree on the IPTV law passed in a Cabinet meeting Tuesday (US$1=W1,018). The decree sets the standard at W10 trillion in total assets to render large corporations eligible to set up IPTV cable news and general television channels. YTN and mbn are examples of cable new and general television channels can air virtually everything from news and soap operas to sports matches.

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