Korea Baseball Organization, also known as KBO, a privately owned entity headquartered in South Korea, was founded in 1981, operates with approximately 10 employees, reported $294.7M in revenue as of 2021, and functions as a tier 3 media tech buyer. The organization's main product involves bat sports, specifically serving as the governing body for the professional leagues of baseball in South Korea.
South Korean pitcher Ryu Hyun-jin announced his retirement from international play on March 13, 2026, following a loss to the Dominican Republic in the quarterfinals of the World Baseball Classic (WBC). Previously, on January 29, 2026, the Korea Baseball Organization (KBO) expanded the World Baseball Classic championship prize money and confirmed an increase in the minimum player salary. Earlier in January, the KBO announced that its 2026 Records Workshop would be held from January 30 to February 1 at Hanyang University in Seoul, with certificates issued to top performers. In late 2025, the KBO's Kia Tigers re-signed right-handed pitcher James Naile to a one-year deal on November 26, 2025, guaranteeing him $1.8 million with an additional $200,000 available via incentives. This followed news from November 18, 2025, that TVING secured a wired and wireless broadcasting rights contract with the KBO until 2027, continuing its professional baseball game broadcasts after experiencing a significant increase in users since starting last year.
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Korea Baseball Organization (KBO) offers 2 products in the media and telecoms services and sports industries. Korea Baseball Organization (KBO)'s product portfolio comprises of bat sports and media and TV services.
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Korea Baseball Organization (KBO)'s revenues were less than $500M in 2021. Caretta Research has split Korea Baseball Organization (KBO)'s revenue into 2 different product categories, the largest of which is baseball. For full access to Korea Baseball Organization (KBO)'s revenue breakdown subscribe to Caretta Portal.
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Korea Baseball Organization (KBO) sells broadcasting rights of its baseball competitions to 11 companies globally, covering 3 countries. Korea Baseball Organization (KBO)'s rights holders include KT (Korea Telecom).
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