JTBC
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History[edit]
See also: Tongyang Broadcasting Company
The JoongAng Ilbo, which used to be a part of Samsung, had owned a TV station before. In 1964 it founded the Tongyang Broadcasting Corporation (TBC) and ran the network for 16 years. In 1980, however, TBC was forcibly merged with the state-run KBS by the military regime of Chun Doo-hwan. At its founding in 2011, some media analysts considered the return of JoongAng Ilbo to television in JTBC as the reincarnation of TBC. JoongAng Ilbo wanted to reuse the name Tongyang Broadcasting Corporation, but failed because of Taegu Broadcasting Corporation, which has the rights to TBC in South Korea since 1994.
