[Korea gimeunji financial newspaper reporter] GS Home Shopping and strengthen the basis for re-approval of the government project approval which expires this coming March CJ O Shopping is applied to the TV shopping industry, and a bunch of the nervous look. Creation of Future Science (Future Part) shall be conducted in accordance with the Broadcasting Act reauthorization review every five years of TV shopping.
GS Home Shopping and CJ O Shopping 3 business rights expire May 12, and two companies in September last year after the receipt of the application documents state reauthorization this year, finished second on-site inspection.
In this review, the gwarak 'is higher than ever as the tension being applied first. The existing examination score only one point more than 650 points out of 1,000, but meet the criteria reauthorization this year, the cut line is specified for each item dwaetgo Some items also become stricter than in the past.
Future blowing a position sikindaneun integration and exclusion from re-approval examination scores when you do not meet the criteria for fair trade practices and vendor support-related items, such as examination which was reapproved whilst balancing.
Its background is not unrelated and Lotte Home Shopping corruption surfaced last year.
Future section May 27 last year for Lotte Home Shopping, am coming September 28, sales increased between 6 months to 8-11, make time to stop the work of the 8-11 pm "has made a disposition.
Lotte home shopping business prime time stop was originated in April handeseo final business plans submitted at the time of submission of false data by reducing the crime of criminal penalties to employees who cheated in the future delivery unit 2015.
Lotte Home Shopping, and then if the gwarak in 'fairness' is a big topic Scoring was conditional planning approval for shortened to three years (previously five years). In addition, the context lobbying against officials from relevant departments receiving the re-approval process were also captured.
Lotte Home Shopping last September, six days a suspension injunction application for the disposal prime-time quote and trade stopped and avoided hitting the spot. Citing the court together but are identified as disposable in order to reduce the impact of small and medium suppliers, which together with Lotte Home Shopping, administrative proceedings, the merits proceedings, the results can not be completely relieved by not come out.
In the lawsuit, but the court heard the merits of hand Lotte Home Shopping jundamyeon prime-time operating stop is invalidated, the court reduced when the future wealth hand that was delayed prime-time business suspension is in effect.
Sales of Prime Time 6 time that the number of viewers many high-cost product sales accounted for 50% of sales a day or so. The industry has stopped operating during prime time when Lotte Home Shopping enforcement as planned, and only an estimated deficit of 70 billion won woke the second half of last year.
GS Home Shopping and CJ O Shopping is writing a particular attention to items such as according to the strengthening of negative future reauthorization screening criteria Task Force (TF) and to a thorough screening preparation, including a team-based, public accountability and public service broadcasting reportedly.
The two companies have submitted information to the Future Part it has been included in the gist of the common market expansion of SME products, jikmaeip expansion of SME products, including SME support enhanced content.
CJ O Shopping showed an increase of 3.5% year-on-year to 3.161 trillion won annual billings was recorded at 144.9 billion won last year, an increase of 27% compared to the previous year operating profit, based on the amount actually sold the goods at the shopping. Sales of 1.0959 trillion won recorded and accounted for 1.0652 trillion won recorded in the GS Home Shopping slightly precedes the industry first place.
GS Home Shopping has been estimated that rose 14.4% YoY to 128.6 billion won operating profit a year earlier last year, the annual billings 3.6696 trillion won the previous year by 4.5%. Because there is a growing concern that disallow re-approval of the two companies is eoneul cold water to rise Tan shopping industry.
The two companies currently treading the reauthorization process calmly, unlike the atmosphere of fear. One industry official said, "you can not put right state of tension straps." "But sincerely extended by one business against the reauthorization judging unlikely bunch," he said.
The unit determines the future of reauthorization early next month GS Home Shopping and CJ O Shopping.
For Lotte Home Shopping in May 2018, NS Home Shopping and Hyundai Home Shopping is back in this review due in 2020.
Financial Daily Economic News FNTIMES - unauthorized reproduction for commercial purposes in accordance with the Copyright Act, No copying, distribution,
Copyright ⓒ Korea's financial newspaper & FNTIMES.com
