Munhwa Broadcasting Corporation

Munhwa Broadcasting Corporation (MBC; Korean: 문화방송; lit. 'Cultural Broadcasting Corporation') is one of the leading South Korean television and radio broadcasters. Its flagship terrestrial television station MBC TV broadcasts as channel 11, while MBC News Now broadcasts as channel 12. Established on 2 December 1961, MBC's terrestrial operations have a nationwide network of 17 regional stations. Although financed by advertising, MBC is classified as a public broadcaster, as its largest shareholder is a public organization, the Foundation of Broadcast Culture. MBC is a multimedia group with one terrestrial TV channel, three radio channels, five cable channels, five satellite channels and four DMB channels. Headquartered in Digital Media City (DMC), Mapo District, Seoul, MBC has the largest broadcast production facilities in Korea, including a digital production centre, Dream Center, in Ilsan, indoor and outdoor sets in Yongin Daejanggeum Park.