Comprehensive programming channel MBN (Daily Broadcasting) applied for suspension of execution to the court asking the court to suspend execution of three of the 17 re-approval conditions added by the Korea Communications Commission last year. Decided to stop.
The 11th administrative division of the Seoul Administrative Court (President Judge Kang Woo-chan) partially accepted the request for suspension of the effect of some deputies for the re-approval of the broadcasting channel use business, issued by Maeil Broadcasting Corporation (MBN) against the Korea Communications Commission on the 24th. The court explained that “there is an urgent need to suspend the effect in order to prevent this, as there is a fear that irreparable damage may occur to the applicant (MBN).”
MBN filed an administrative lawsuit with the Seoul Administrative Court on the 24th of last month, when the Korea Communications Commission reapproved MBN in November of last year, and filed an administrative lawsuit for three out of 17 cases submitted as conditions.
The three conditions that MBN repelled were △ a plan for the largest shareholder, the CEO and executives and employees to take responsibility for the damage caused by the’business suspension’ △ a management innovation plan that prevents the largest shareholder from being involved in the operation of broadcasting companies and internal personnel affairs. Prepared by reflecting the opinions of employee representatives and management consulting results of external organizations △Introduction of a public offering system for representative directors, etc. It can be seen as a threatening condition for MBN’s largest shareholder, Chairman of Maekyung Media Group Jang Dae-hwan, to actually dominate MBN.
Among them, two conditions cited by the court are △ a plan for the largest shareholder or representative director and executives and employees to take responsibility for the damage caused by the’business suspension’ and △ the introduction of a public offering system for representative directors.
Regarding the conditions not cited, the court dismissed them, saying, “If the terms are not suspended, there is a risk of unrecoverable damage to MBN, or that there is an urgent need to suspend the effect in order to prevent this.”
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