Yonhap
From Wikipedia, the free encyclopedia
| Yonhap | |
|---|---|
| Hangul: |
연합뉴스 (주)
|
| Hanja: |
聯合뉴스 (株)
|
| Revised Romanization: | Yeonhap Nyuseu (Ju) |
| McCune-Reischauer: | Yŏnhap Nyusŭ (Chu) |
Yonhap News Agency is the sole news agency in South Korea that supplies domestic and foreign news and information to newspaper and TV broadcast and other subscribers in South Korea. Yonhap (meaning "consolidated" in Korean) was established on December 19, 1980 through the merger of Hapdong News Agency and Orient Press on the model of Japan's Kyodo News Agency. It maintains various agreements with 48 non-Korean news agencies, and also has a services-exchange agreement with North Korea's KCNA agency.[1]
Yonhap was the host news agency of the 1988 Seoul Summer Olympics, and was elected twice to the board of OANA.
Yonhap is South Korea's official news agency. It is the largest news agency in South Korea and receives an annual government subsidy of about US$20 million. Its largest shareholder is the Korean Broadcasting System (KBS), South Korea's largest public broadcaster. KBS is owned and operated by the government of South Korea.
