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South Korea – (C3) Transparency of data on leading news media

Score in short:

Most of the information is available in accessible formats.

Score in detail:

Information about the leading news media is easy to access and readily available online. Leading news media publish the ownership and contact information in their impressum for print, broadcast, and online media.

Ownership structures, key business figures, and management performance reports are published in the annual business report of the major news media and reported to the Financial Supervisory Service. The report is mandatory, based on the size of the media outlet, and thus required of most leading news media. The report is also available online via Korea Press Foundation as well as the public Data Analysis and Retrieval System, and a summary of key figures for each leading news media – if available through the Financial Supervisory Service – is presented in the annual Korea Press report by the Korea Press Foundation. Quarterly business reports are also publicly accessible and include a summary of finances, capital changes, auditor’s report, and shareholder information.