Owned-and-operated television stations in the United States began to open up affiliation negotiations in March 2006. UPN stations that were formerly owned by Chris-Craft Industries and those that were owned by CBS Corporation at the end of the network's run were sometimes considered owned-and-operated stations of the network, and several transactions have involved these stations. Not too long after becoming a UPN owned-and-operated station itself, San Antonio station KRRT (channel 35, now KMYS) was sold to Jet Broadcasting in 1995, eventually becoming an affiliate of The WB (the station is now a CW affiliate that is operated by former owner Sinclair Broadcast Group, and owned by Sinclair
Chaebol the Korean word "jaebeol" (, from "jae" "wealth or property" + "beol" "faction or clan" – also written with the same Chinese characters 財閥 as Zaibatsu in Japan). The word entered English use in the 1980s. South Korea's economy was small and predominantly agricultural well into the mid-20th century. However, the policies of President Park Chung Hee spurred rapid industrialization by promoting large businesses, following his seizure of power in 1961. The First Five Year Economic Plan by the government set industrial policy toward new investment, and the chaebol were to be guaranteed loans from the banking sector. The chaebol