The controversial “Media Law” passed in 2009 allows private conglomerates and newspapers to own stakes of Korean broadcasting outlets. The fruit of the media reform can be seen in the launching of three cable networks – TV Chosun (CSTV), jTBC, and Channel A – at the end of this year by the three giant newspaper groups – Chosun Ilbo, JoongAng Ilbo, and DongA Ilbo, respectively.
Liberals feared that allowing these conservative newspapers to operate a broadcasting network will spell death to diversity in news and media. Conservatives argued that it will result in more capital flowing into the media sector, and in fact, that the previous law which restricted cross-ownership of newspapers and television stations was a remnant of former president Chun Doo-hwan’s dictatorial policy. Well, politics aside, for us drama-lovers, it means there will be many more new dramas produced each year!