Joongang Tongyang Broadcasting Company, also known as JTBC, is a privately owned company headquartered in South Korea. Founded in 2011, the company has approximately 510 employees and reported $14.9M in revenue as of 2023. As a tier 2 media tech buyer, JTBC operates as a South Korean nationwide pay television network and media broadcasting company specializing in content rights, providing comprehensive broadcasting services across domestic and digital markets. Its core offerings encompass a diverse portfolio of media content, including a major daily news division, commercial variety programmes, cultural productions, and scripted television dramas. Furthermore, through its various corporate subsidiaries, JTBC delivers end-to-end entertainment services, including digital media advertising sales, global content distribution, and the management of dedicated sports, golf, and entertainment-themed speciality cable channels.
On September 10, 2026, investors who suffered losses from JoongAng Group bonds filed a criminal complaint against the owner family, with attorney Shin Dong-hwan representing them. This followed reports on September 7 that the owner of JoongAng Ilbo and JTBC was being removed, amidst observations of a decline in media power. Previously, on August 6, JTBC defaulted on 20.6 billion won in debt, four months after having issued 93 billion won in corporate bonds. This occurred as corporate bankruptcies were accelerating, with 859 corporate bankruptcies recorded by April of that year. Earlier, on July 26, announcer Inayeon revealed internal difficulties at JTBC via her YouTube channel, citing issues such as a lack of air conditioning, the impact of subsidiary restructuring, and unpaid appearance fees. This public acknowledgment followed an indirect allusion to JTBC's difficult financial situation by the production team of the variety program 'Please Take Care of My Refrigerator' on July 21.
Similar Companies
Subscribe for full access to Joongang Tongyang Broadcasting Company's profile
Joongang Tongyang Broadcasting Company offers 3 products in the media and telecoms services industry. Joongang Tongyang Broadcasting Company's product portfolio comprises of broadcast television and radio, media and TV services and content rights.
Subscribe for full access to Joongang Tongyang Broadcasting Company's products in full detail
Joongang Tongyang Broadcasting Company's revenues were less than $25M in 2023. Caretta Research has split Joongang Tongyang Broadcasting Company's revenue into 3 different product categories, the largest of which is sports sublicensing. For full access to Joongang Tongyang Broadcasting Company's revenue breakdown subscribe to Caretta Portal.
Subscribe for full access to Joongang Tongyang Broadcasting Company's revenue in full detail
Examples of Joongang Tongyang Broadcasting Company's suppliers include Skaarhoj and Infront Sports & Media.
Example Customers
Subscribe for full access to Joongang Tongyang Broadcasting Company's profile
Example Suppliers
Subscribe for full access to Joongang Tongyang Broadcasting Company's profile
Joongang Tongyang Broadcasting Company currently holds 21 broadcasting rights for sports competitions including golf, soccer | association football, multi-sport, ice hockey, handball, winter sports and curling.
Example Sports Rights Suppliers
Subscribe for full access to Joongang Tongyang Broadcasting Company's profile
Subscribe for full access to Joongang Tongyang Broadcasting Company's products in full detail 
