JoongAng Group's 5 affiliates file for corporate rehabilitation

JoongAng Group Vice Chairman Hong Jeong-do attends a press conference at the group's headquarters in Seoul on June 15, 2026, to offer an apology over the filing by local broadcaster JTBC and the group's four other affiliates for court-led rehabilitation after their defaults on debt obligations amid a severe liquidity crisis. (Yonhap)

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