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Munhwa Broadcasting Corporation history
Munhwa Broadcasting Corporation company history timeline
On December 2nd, 1961, MBC was established in Insadong, Seoul as the private commercial broadcasting company with the name of Hankuk Munhwa Broadcasting Corporation and transmitted its first radio signal with its call letters of HLKV Munhwa Broadcasting.
On 12 April 1963, it obtained a license from the government for operating regional stations in major cities (Daegu, Gwangju, Daejeon, Jeonju) in Korea, and established a broadcast network which connects six cities including Seoul and Busan.
MBC launched a TV channel, channel 11, in 1969 after building its new headquarters in Jeongdong.
In 1971, MBC started Music FM Radio with a frequency of 91.9 MHz which covers capital areas.
The first colour TV broadcasting was started on 22 December 1980.
MBC was separated from The Kyunghyang Shinmun according to the 1981 Basic Press Act.
In 1988, Foundation for Broadcast Culture, a public organization, was established as the MBC’s largest shareholder.
The next year, MBC moved its headquarters to the newly-built Yeouido Studio in 1986. It launched FM Radio, opening a new chapter in radio broadcasting the following year and successfully televised the Seoul Olympic Games in 1988.
In 2001, MBC launched satellite and cable television broadcasting.
On 1 August 2008, MBC America launched MBC-D, a television network carried on the digital subchannels of KSCI-TV, KTSF-TV, and WMBC-TV. The service was planned to be launched in Atlanta, Chicago, and Washington, D.C. by the end of the year.
In northeast metro Atlanta, it aired on WKTB-CD channel 47.3, but as of 2011 is on WSKC-CD channel 22.1.
In March 2013, computer shutdowns hit South Korean television stations including the MBC. The South Korean government asserted a North Korean link in the March cyberattacks, which has been denied by Pyongyang.
In 2014, MBC relocated its new headquarters to Sangam.
In May 2017, MBC launched UHD TV broadcasting, the world’s first terrestrial UHD broadcasting to make the public enjoy high definition services.
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Munhwa Broadcasting Corporation competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Black River Entertainment | 2007 | $5.3M | 33 | - |
| New York Theatre Workshop | 1979 | $7.0M | 20 | - |
| Elias Arts. | 1980 | $3.1M | 30 | - |
| Red Light Management | 1991 | $15.0M | 343 | - |
| Actor's Express | 1988 | $1.2M | 29 | - |
| MSA Models LA | 1947 | $19.0M | 145 | - |
| Cinetic Media | 2001 | $780,000 | 59 | - |
| RadioFree 102.3 KJLH | - | $520,000 | 6 | - |
| Television Academy | 1946 | $36.9M | 432 | - |
| WTNH | 1948 | - | 330 | - |
Munhwa Broadcasting Corporation history FAQs
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