Chaebol of South Korea's top conglomerates has decreased from 2012 to 2015. Not only did their profits stop increasing, but certain chaebols such as LG, have been making losses and losing talent. Some chaebol are one large corporation while others have broken up into loosely connected groups of separate companies sharing a common name. Even in the latter case, each is almost always owned, controlled, or managed by the same family group. South Korea's chaebol are often compared with Japan's keiretsu business groupings, the successors to the pre-war zaibatsu. While the "chaebol" are similar to the "zaibatsu" (the words are cognates,
Television in South Korea Television in South Korea In South Korea, there are a number of national television networks, the three largest of which are KBS, MBC, and SBS. Most of the major television studios are located on Yeouido and Sangam-dong. South Korea became the third adopter in Asia when television broadcasting began on 12 May 1956 with the opening of HLKZ-TV, a commercially operated television station. HLKZ-TV was established by the RCA Distribution Company (KORCAD) in Seoul with 186-192 MHz, 100-watt output, and 525 scanning lines. Important genres of television shows include serial dramas, historical dramas, variety shows, game shows, news programs, and