MBC meaning in Business ?

Answer:

What is Munhwa Broadcasting Corporation mean?

Munhwa Broadcasting Corporation (MBC; Korean: 주식회사문화방송; Hanja: 株式會社文化放送; RR: Jusikhoesa Munhwa Bangsong; lit. "Cultural Broadcasting Corporation") is one of the leading South Korean television and radio network companies. Munhwa is the Sino-Korean word for "culture". Its flagship terrestrial television station MBC TV is Channel 11 (LCN) for Digital.

Established on 2 December 1961, MBC is a Korean terrestrial broadcaster which has a nationwide network of 17 regional stations. Although it operates on advertising, MBC is a public broadcaster, as its largest shareholder is a public organization, The Foundation of Broadcast Culture. Today, it is a multimedia group with one terrestrial TV channel, three radio channels, five cable channels, five satellite channels and four DMB channels.

MBC is headquartered in Digital Media City (DMC), Mapo-gu, Seoul and has the largest broadcast production facilities in Korea including digital production centre Dream Center in Ilsan, indoor and outdoor sets in Yongin Daejanggeum Park.

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