Chaebol Chaebol A chaebol (; ) is a large industrial conglomerate that is run and controlled by an owner or family in South Korea. A chaebol often consists of a large number of diversified affiliates, controlled by an owner whose power over the group often exceeds legal authority. The term is often used in a context similar to that of the English word "conglomerate". The term was derived from the Japanese. It was first used in English in 1984. There are several dozen large South Korean family-controlled corporate groups that fall under this definition. The chaebol have also played a significant
Owned-and-operated television stations in the United States Stockton, California from the Sinclair Broadcast Group in May 2005. On February 7, 2007, CBS announced the sale of its owned-and-operated stations in Salt Lake City (KUTV and its satellite in St. George, Utah, KUSG) and Austin (KEYE-TV) to Four Points Media Group, a holding company owned by Cerberus Capital Management as part of a group deal which also included two CW owned-and-operated stations (WTVX in West Palm Beach and WLWC in Providence), one low-power MyNetworkTV affiliate and one low-power Azteca América affiliate (both located in West Palm Beach). Six days later, CBS announced that it was swapping its O&O