Korea's media watchdog vows bold regulatory reforms

“The chief of Korea's media watchdog vowed to foster a healthy media environment through bold regulatory reforms during a press conference held Monday. "We plan to foster a healthy media environment through bold improvements of old and unreasonable regulations, such as those related to broadcast advertisements and broadcast programming," Kim Jong-cheol, the chairperson of the Korea Media and Communications Commission (KMCC), said at a press conference to mark his first six months in office. The media watchdog is also planning to push forward with the establishment of a media development committee tasked with improving policies related to the media industry, Kim said. Some of the agendas to be discussed at the public-private committee include the restructuring of the funding systems for broadcasting, media and telecommunications sectors, the media watchdog chief added. Kim mentioned that his organization is keeping a close watch on the local broadcaster JTBC after two companies related to the broadcaster filed for bankruptcy later last week. Regarding the progress on the enforcement of some

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