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MBC President Kim Jae-chul to Step Down

2011/07/30 Source

The President of Korean broadcaster MBC has offered to resign.
Kim Jae-chul, who took over in March last year, submitted his letter of resignation to MBC's largest shareholder, the Foundation for Broadcast Culture##.
Although the broadcaster said that Kim's decision came to pressure the Korea Communications Commission, which refused to approve a merger of two regional stations, some speculate that Kim stepped down to run in next year's general elections.

Source : www.arirang.co.kr/New...

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