Munhwa Broadcasting Corporation
Broadcast Media Production and Distribution51-200 Employees
MBC is a major South Korean broadcaster that produces and distributes television and radio content, and is one of the four leading national networks in the country. It is the oldest among Korea's commercial broadcasters and is governed by a foundation structure that owns 70% of the stock, with the Jung-Su Scholarship Foundation holding the remaining 30%; the organization does not receive government subsidies and relies largely on advertising. The network spans 19 regional stations and includes multiple subsidiaries, underscoring its nationwide footprint. Rooted in Busan Munhwa Broadcasting Corporation, the first private broadcasting company in Korea, MBC has evolved into a national network with broad regional reach. It has historically delivered terrestrial television and expanded its regional and digital presence over time. In January 2019, iMBC Co., Ltd partnered with SK Telecom to form a new venture that includes MBC and other major broadcasters, illustrating a collaborative industry development.
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