Chaebol played a key role in developing new industries, markets, and export production, helping make South Korea one of the Four Asian Tigers. Although South Korea's major industrial programs did not begin until the early 1960s, the origins of the country's entrepreneurial elite were found in the political economy of the 1950s. Very few Koreans had owned or managed larger corporations during the Japanese colonial period. After the departure of the Japanese in 1945, some Korean businessmen obtained the assets of some of the Japanese firms, a number of which grew into the chaebol of the 1990s. The companies, as well
Owned-and-operated station the now-defunct ACME Communications. While Tribune-owned stations such as WGN-TV in Chicago, WPIX in New York City and KTLA in Los Angeles (along with most of the ACME stations) aired programming from The WB, they did not fit the standard definition of an owned-and-operated station. A similar exception existed when UPN launched in January 1995 by co-owners Chris-Craft and Viacom. Each of the companies owned a number of stations that aired the network. However, the stations were also not considered O&Os under the initial standard definition. This ambiguity ended with Viacom's buyout of Chris-Craft's share of the network in 2000,