Telecommunications & Media
Cable TV urges new commission to carry on review of lowering fund levy to 1.3 percent
South Korea\'s cable TV industry urged the Broadcast Media Communications Commission to continue talks on lowering the broadcast development fund levy, after the science ministry was understood to have reviewed cutting the rate for system operators to 1.3 percent from 1.5 percent. The commission said it will commission research to review the overall levy system, making changes hard before an August decision. Experts cited worsening profitability and called for revisions, including differentiated relief for loss-making operators.