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 amidst speculation that The Walt Disney Company might spin off ABC; both stations retained their ABC affiliations (SJL then flipped the stations to Gray Television, at a significant profit, in July 2014). When the sale was completed, KFSN in Fresno (at the time ranked as the 55th largest media market) would then become the smallest English-language owned-and-operated major network station by market size (not counting satellites and semi-satellites). The sale was completed on April 1, 2011. The Disney spin-off of ABC has never occurred, mainly due to insider trading allegations that scuttled the deal. In 1987, Fox purchased its Boston