Korea New Network Co., Ltd. (KOSE:A058400), Taegu Broadcasting Corporation (KOSE:A033830), Kwangju Broadcasting Company Ltd., Taejon Broadcasting Co. Ltd., Jeonjo Television Co., Ltd., Ulsan Broadcasting Corp., Cheongju Broadcasting Co., Ltd., Jeju Free International City Broadcasting System and Gangwon Television Broadcasting Co. Ltd. acquired 18% stake in MEDIACR8 Co., Ltd. from Seoul Broadcasting System (KOSE:A034120) for KRW 2.7 billion on August 3, 2012. As part of the deal, 0.54 million shares of MEDIACR8 was acquired at a price of KRW 5000 per share.

Korea New Network Co., Ltd. (KOSE:A058400), Taegu Broadcasting Corporation (KOSE:A033830), Kwangju Broadcasting Company Ltd., Taejon Broadcasting Co. Ltd., Jeonjo Television Co., Ltd., Ulsan Broadcasting Corp., Cheongju Broadcasting Co., Ltd., Jeju Free International City Broadcasting System and Gangwon Television Broadcasting Co. Ltd. completed the acquisition of 18% stake in MEDIACR8 Co., Ltd. from Seoul Broadcasting System (KOSE:A034120) on August 3, 2012.