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Cable TV broadcasting fund burden equals 168 percent of operating profit; Kim Jong-cheol says reform urgent

Cable TV operators facing business difficulties are paying broadcasting and telecommunications development fund levies equal to 168 percent of operating profit, a lawmaker said. Lee Yeon-hee raised the issue with Kim Jong-cheol at a parliamentary audit, arguing rules exempt some broadcasters from payments when they post net losses but exclude cable TV operators. Kim said media laws have missed chances to keep pace and called for an integrated media law.