JTBC files for corporate rehabilitation as costly World Cup, Olympics deals push JoongAng Group into crisis (opens original article in a new tab)

JTBC files for corporate rehabilitation as costly World Cup and Olympics deals contribute to JoongAng Group's financial crisis, with court freezing assets of five subsidiaries.

• JTBC files for corporate rehabilitation due to financial crisis
• Five JoongAng Group subsidiaries had assets frozen by court
• Financial crisis caused by costly World Cup and Olympics broadcasting deals