The story
The upcoming launch of cable television in Korea led to the founding of YTN on September 14, 1993.
In January 1995, Yonhap TV News planned to connect with its bureaus in South Korea, being one of the new channels that relied on live broadcasts. By being the first 24-hour news channel in the country, its channel number on cable was selected as 24 on purpose. YTN began test transmissions on February 15, on March 1, 1995, the same day as cable television started, YTN started regular broadcasts. It was expected that YTN was set to establish itself as the "Korean CNN". News bulletins under the YTN 24 name were shown on the top of the hour and Channel 24 Spotlight aired at 9pm to avoid competition with KBS News 9 and MBC Newsdesk as an in-depth analysis program. World 24 provided news footage from CNN, ABC, CBS, NHK, TBS, CCTV, CBC, BBC and the video wire services from Reuters and WTN. Asia, Asian provided Asian reports as covered by CCTV, NHK, TBS, TCS and Reuters' Asia Report. World News Magazine aired items from CBS's 60 Minutes, the syndicated Inside Edition and the BBC's Assignment. The channel also provided 48 weather reports a day, including specialized forecasts such as leisure and world weather. On March 7, it eyed a contract with CNN to provide live relays, but this still required government approval. In November 1995 alone, its advertising revenue reached 1.7 billion won.
On September 3, 1997, KEPCO agreed to buy 30% of YTN's shares for the sum of 23 billion won.
2000/04/08 Merged with Seoul Tower, constructing an integrated broadcast transmission tower. The network bought the tower on December 16, 1999.
2004/03/01 Moved to YTN tower, next to Namdaemun (South Gate, commonly known as Sungnyemun)
On March 15, 2004, YTN made changes to the schedule in time for the spring season, adding more opinion-related programming and hiring staff who worked at other outlets. The network recruited MBC's Baek Ji-yeon, Pressian's CEO Park In-gyu and Kyung Hee University professor Kim Min-jeon. In tandem with these changes, YTN International (YTN 인터내셔널) started broadcasting on March 18, 2004, as an international channel aimed at Koreans abroad, with three hours of original programming.
Broadcasts to the United States started in April 2006 when DirecTV started carrying the KoreanDirect package. The launch coincided with the arrival of CTS and MBC America to the platform.
2008/01/31 KCC approved YTN FM Radio.
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2008/04/01 YTN FM Radio began broadcasting in Seoul city
(Callsign:HLQV-FM Frequency:FM 94.5 MHz.)
2011/04 Renamed from "YTN INTERNATIONAL" to "YTN WORLD"
On April 7, 2014, the network moved to YTN Newsquare, DMC Area. In conjunction with this, YTN changed its logo for the first time in 19 years, as well as the new slogan, "Exclusive Tomorrow".
2017/11/16 YTN FM Radio ceased broadcasts on Los Angeles' 100.3 FM HD 2 in favour of the Educational Media Foundation's (EMF) Christian Rock feed, Air1 after the purchase of KSWD by EMF.
On May 20, 2021, YTN moved from channel 24 (same channel as the remaining operators) to channel 0 on satellite operator KT SkyLife, confusing subscribers. YTN justified the move in Viewers' Briefing as a measure to increase its participation on digital platforms.
YTN was privatized in 2024 with the Eugene Group being the main shareholder.
From Wikipedia’s article on YTN, shared under CC BY-SA 4.0.4
