JTBC crisis deepens as World Cup setback, payment delays fuel fallout

The Korea Herald

JTBC crisis deepens as World Cup setback, payment delays fuel fallout

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South Korean broadcaster JTBC is facing crisis after crisis after filing for court-supervised corporate rehabilitation, with its financial troubles now rippling across its sports, entertainment and scripted programming businesses.

The broadcaster's exclusive World Cup rights have already taken a hit after Korea failed to advance beyond the group stage at the expanded 48-team tournament, sharply reducing the commercial value of the remaining matches.

JTBC holds the country's exclusive broadcastin ...

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JTBC crisis deepens as World Cup setback, payment delays fuel fallout

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