The Ministry of Information and Communication reviewed CJ Cablenet's Gaya Broadcast and Central Pusan Broadcast's affiliation authorization request with the board members on the 16th of May and passed the vote.
The vote was passed as CJ Cablenet shares 97 % of Gaya Broadcast's stock and 65% of Central Pusan Broadcast's stock. This affiliation, therefore, is stable and reasonable, giving the CJ Cablenet Corporation credit for its public finance, technology, and business ability.