JMnet and IHT sign broadcasting MOU

Stephen Dunbar-Johnson, left, IHT publisher, with the president of JMNet’s broadcasting business, Nam Sun-hyun, right, yesterday at an MOU signing in the JoongAng Ilbo building in Seoul, yesterday. By Kang Jung-hyun

The JoongAng Media Network (JMnet) and the International Herald Tribune (IHT) signed a memorandum of understanding yesterday to further joint cooperation on broadcasting content.

Nam Sun-hyun, president for broadcasting at JMnet, and Stephen Dunbar-Johnson, publisher of the IHT, signed the accord at the JoongAng Ilbo building in Seoul yesterday. Details will be worked out by the two companies if JMnet is selected as a general programming TV channel operator at the end of this year.

“I am very satisfied with the partnership that we have had with JMnet for the past 10 years,” Dunbar-Johnson said at the signing ceremony, adding that the two companies should strengthen cooperation and exchange. “Survival for the media today in a world of fierce competition depends on good content. [JMnet] has that good content.”

Nam said JMnet operates 25 media platforms, including newspapers, magazines, cable TV channels and Web sites.

The International Herald Tribune is the global edition of The New York Times and has partnerships with newspapers in eight countries, including Japan’s Asahi Shimbun, Spain’s El Pais and Russia’s The Moscow Times.

By Chun In-sung, Christine Kim [christine.kim@joongang.co.kr]