South Korea\'s cable TV industry, facing management difficulties amid the growth of OTT and IPTV, is positioning itself as a partner in the government\'s \"media basic society\" initiative. It pledged to strengthen local residents\' right to know, expand universal media access through a unified \"Everyone\'s TV\" brand for 8VSB services, and narrow the AI gap through local education programmes. The industry also urged regulatory and institutional changes, including over broadcasting development fund levies.

Financial companies in South Korea are stepping up social contribution activities ahead of the Chuseok holiday, ranging from purchases to support traditional markets to aid for vulnerable groups and employee-led volunteering. The Financial Supervisory Service joined four firms and the Salvation Army for a market event in Seoul. Major banks and financial groups ran nationwide programs delivering goods and vouchers to welfare facilities, low-income households, seniors living alone, multicultural families and patients.