• Korean journal of communication and information
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• v.43
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• pp.173-208
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• 2008

This study analyses the business performance according to the business diversification of Korean mass media enterprises from year 2003 to 2006. The conclusions drawn which could be divided into five main parts are the followings: First, newspaper companies pursue unrelated diversification in various industrial areas, in order to gain maximum profit while broadcasting companies exert themselves to provide better service by diversifying the major contents. Second, overall the interviewed companies display a constant decline in profit gained from their major business area thus establishing strategies to broaden their focus on diversification of any sort. Third, the researcher completed group analysis in regard of diversification measure resulting in division of three groups. The group which had the most immense diversification range gained the highest ROE, the lowest ROE volatility, and lesser probability of risk taking. The analysis adresses the companies broadening their business areas by researching and focusing on diversification are relatively stable in terms of the profit they gain. Fourth, the middle level group in terms of sales scale, debts, enterprise history, major share rate and high ROE group carry out diversification progressively. The sales scale affects positively to diversification, while the major share rate affects negatively to diversification. Fifth, in accordance to the research, diversification overall contributes to obtainance of successful outcome. Since there was not an immense amount of studies to be referred in the media area, the researcher interviewed and did panel discussion with numerous strategists and managers who are in charge of diversification of media companies. However, collection of only 4 years of data limits the research to be considered to be a generalized study, and does not reflect time gap between business diversification and business performance. Development is required in future studies to be established regarding the media companies' specificity different to other industries, classified the media companies into media types, and consider the time gap in the diversification activities and business performance.

• Journal of Digital Convergence
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• v.11 no.12
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• pp.41-47
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• 2013

In circumstances that case studies of management strategy for the domestic media company were rare, this study was performed case analysis of CJ E&M, representative new media/contents company in Korea. An evolutionary perspective is applied to diversification of the business and the external environmental analysis/resource based view are applied to capability evaluation since the inauguration as analysis frameworks. Unlike other media companies, CJ E&M have increased synergies of scale through horizontal, vertical diversification and superior contents strategies. furthermore, there are many advantages of enthusiasm of the leadership, expertise, high human configuration, creative corporate culture, effective contents portfolio. However, it is necessary to note that too much emphasis on competition and the performance of the organization may make organizational atmosphere rigid and weaken the global competitiveness.

• Journal of Digital Convergence
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• v.20 no.1
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• pp.155-163
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• 2022

The ecology of Korean Production Industry has been changing rapidly. Small & medium size independent production companys have been shrinking in market share while big size production companys are taking larger share than before. This study intends to show the dramatic change of the ownership in Korean production industry and the consequencies. When considering positive development of production industry, small & medium size independent production companys should play important roles but the environment of the industry is not easy for them. The implication of this study is that small & medium size independent production companys have to search for survival strategies to adapt environmental change.

• Journal of Digital Convergence
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• v.17 no.5
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• pp.333-346
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• 2019

The purpose of this study is to find out the direction of overseas expansion strategy that should be established as a public broadcaster and a media company in order to overseas expand Korea EBS's. This study used a literature research method to analyze the related literature and data for analyzing strategies of major global media companies and overseas public service broadcasters (PSBs). As a result of the research, it suggests that the direction of EBS overseas expansion should approach both commercial business diversification and fulfillment of public responsibility. In particular, it suggests that transferring project of Korea's educational broadcasting system to developing country should be developed as a core business for spreading overseas expansion. In a follow-up study, it is necessary to carry out a research that suggests a comprehensive strategy of overseas expansion of EBS based on the result of this study.

• Digital Contents
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• no.6 s.145
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• pp.26-33
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• 2005

‘디지털콘텐츠만이 살 길이다.’KT와 SK텔레콤, 하나로텔레콤 등 기존 유무선통신업체들이 종합멀티미디어 회사로 변신을 꿈꾸고 있다. 그동안 이들 업체들은 포화된 기존시장의 탈출구를 찾는 것이 화두였다. 이러한 가운데 향후 데이터 서비스가 디지털콘텐츠 거래의 장으로 발전하고 디지털 상품을 거래하는 온라인 상품화가 더욱 가속화 될 것으로 확신, 컨버전스 시대에 사업에서 성공하기 위해서는 무엇보다 다양한 서비스를 제공할 수 있어야 한다는 것을 깨닫게 됐다. 이에 멀티미디어시대의 킬러 콘텐츠를 개발하는데 박차를 가하며 콘텐츠 관련 기업들과 전략적 제휴를 맺고 있다. 이들 업체뿐만 아니라 삼성 등 많은 대기업들이 그동안 포화된 시장을 탈출하기 위해 휴대폰결제· 모바일스토리지· LBS(위치기반서비스).음악서비스.영화 등 디지털콘텐츠 관련 다양한 부문에 걸쳐‘디지털콘텐츠만이 살 길’이라며 디지털콘텐츠 관련 사업다각화를 도모하고 있다.

• Digital Contents
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• no.7 s.146
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• pp.32-39
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• 2005

디지털콘텐츠 시장의 확대와 더불어 DRM 적용에 대한 요구가 증가함에 따라 DRM 솔루션 시장 역시 동반 상승세를 타고 있다.DRM은 디지털콘텐츠 유통, 상업성에 대한 완전성을 보장할 것이라는 기대감 때문이다. 아직 유료화 시장이 완전히 정착되지 않아 관련업체들의 수익은 미비한 편이고 그 규모 또한 영세하지만 향후 높은 성장률이 예상된다는 데는 이견이 없다. 관련업계에 따르면 그간 냅스터, 소리바다 등 음원 시장을 중심으로 여러 공방전이 펼쳐지고 인식의 전환이 이뤄지면서 DRM 시장도 이제 어느정도 안정화 단계에 접어들고 있는 것으로 보인다. 업계 한 전문가는“지금까지가 기술개발 및 시장 형성의 과도기였다면 올해 는 인식 전환에 따른 DRM 기반 상용서비스가 봇물을 이뤄 시장 활성화 원년이 될 것”이라고 내다봤다. 이처럼 콘텐츠 유료화에 대한 인식 제고, 디지털멀티미디어방송(DMB) 등 신규 콘텐츠 생성, 기업 내 기밀문서에 대한 보안의 중요성이 증대되면서 올해 국내 DRM 솔루션 시장 규모는 지난해보다 30% 성장한 600억원대를 형성할 전망이다. 특히 올해는 업체들이 개인정보보호법이 발효된 일본을 위시한 해외시장 판로가 열리면서 더 큰 신장세가 예고되고 있다. 관련업체들은 시장을 선점하기 위한 사업다각화에 나서고 있고 앞으로의 비즈니스 모델 개발에 매진하고 있다.

• Review of Culture and Economy
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• v.19 no.2
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• pp.147-170
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• 2016

This study has identified the current status and challenges to development of Korean Ethnic Media Companies in North America, China, and Australia New Zealand and aimed to understand implication of cultural policy. It examines the media circumstances, business resources of Korean Ethnic Media Companies(KEMC), and Korean ethnic broadcasting aid project which is operated for 10 years, and interviewed nine CEOs' of KEMC. According to the analysis, KEMCs in North America are in the market which is fully exposed to competition. China's KEMCs are the "limitedly localized market" which is supported by the government's regulatory for minority media. Australia & New Zealande's KEMCs are the market which potential growth is expected. North American KEMCs are needed to upgrade the business structure and organizational resources for content differentiation. China's KEMCs have to diversify financial resources and to consolidate content power. and Australia & New Zealande's KEMCs need support & cooperatation from home country for ensuring high-quality content.