After months of failed negotiations, Korea’s cable television system operators (SOs) are taking a stand against the three major Korean TV Companies – KBS, MBC, and SBS – for charging high prices to broadcast their programs, according to The Korea Times, an English-language daily newspaper.
The SOs want the three networks to lower their fees, otherwise they will stop broadcasting both standard and high definition programs from the three major companies. If negotiations continue to fail and broadcasting stops, about 15 million cable television subscribers will be affected. Also, in their failed negotiations, the SOs believe that the companies should compensate them for helping to increase viewership in addition to providing them with a better share of revenues earned from commercials.