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Broadcast Media Communications Commission renews SBS M&C licence for 5 years

South Korea\'s Broadcast Media Communications Commission on July 29 approved a five-year licence renewal for SBS M&C, a terrestrial TV ad sales agency. The commission said an external panel of 10 experts gave SBS M&C 82.384 points, above the 70-point threshold. It imposed five conditions, including steps to prevent shareholder ownership-limit violations and support for regional and smaller broadcasters\' ad sales. Members also discussed flexibly operating renewal rules as the ad market changes.