Please Save JTBC... / SBS News

JTBC, which seemed to be thriving with its consistently popular drama and entertainment series, has faced its worst bankruptcy crisis in the 15 years since its launch.

On June 12, JTBC declared a default after failing to repay 20.6 billion won in maturing securitized loans.

Following this, a total of five companies, including its holding company JoongAng Holdings, JTBC, and Contentree JoongAng, filed for corporate rehabilitation procedures in a domino effect.

JTBC appeared to be sailing smoothly on the surface,
but when and why did it end up in this crisis?
SBS News has summarized the situation.


Producer Kim Hye-ji | Editor Lee Ji-soo | Narration Jin Soo-hyun | Assistance Song Hae-bin, Han Ji-ho | Intern Kim Min-jin | Director Kwon Na-young
※ Please note: This article was translated by AI and may contain errors.