South Korean media giant JoongAng files for court rehabilitation after its broadcaster JTBC defaulted on a ~$13M loan tied mostly to sports broadcasting rights (Bloomberg)
Bloomberg:
South Korean media giant JoongAng files for court rehabilitation after its broadcaster JTBC defaulted on a ~$13M loan tied mostly to sports broadcasting rights — South Korean media giant JoongAng Group has filed for court rehabilitation after its broadcaster defaulted on a loan …