The technology, media, and telecommunications (“TMT”) industries have become an essential and huge part of the modern economy. TMT industries have been rapidly and continuously developing through convergence, vertical and horizontal integration within the industry. While this trend and the speed of development are expected to be continued, TMT industries are heavily affected by complex and strict laws and regulations. In the era of convergence, it is necessary to provide proper and realistic solutions on various issues such as fair trade, taxation and intellectual property rights arising from convergence with the appropriate understanding of various new technologies and new industries, accurate analysis of the government’s legislative intent and impact of laws and regulations related to domestic and international TMT industries.
Jipyong’s TMT Team has outstanding track records and extensive experience in the TMT sector. Jipyong’s TMT Team has served as a legal advisor to the Ministry of Science and ICT and the Korea Communications Commission, and advised other government authorities and agencies such as the Ministry of Interior and Safety, the Personal Information Protection Commission, the Fair Trade Commission, the Financial Services Commission, and the Korea Internet & Security Agency. Jipyong provides clients with creative and realistic solutions employing our accurate understanding of the regulatory trends in the TMT sectors.
Key Practice Areas Close
- Advised on broadcasting regulations, license and authorization requirements to terrestrial TV broadcasting service providers and pay-TV broadcasting service providers
- Advised on domestic TMT companies’ foreign market entry and foreign TMT companies entering into Korean market regarding regulations on TMT sector
- Responding to M&A transactions between broadcasters, broadcasters and carrier service providers
- Advising convergence of broadcasting and telecommunication services
- Responding to legal disputes between terrestrial broadcasters, cable broadcasters, satellite broadcasters, and IPTV broadcasters over the price of retransmission services of terrestrial TV programs
- Various issues related to personal information protection
- Responding to the Korea Communications Commission’s pre-/post-regulation investigations and deliberation procedures regarding violations of the Broadcasting Act
- Investment in and financing of TMT companies, M&A, and establishment of overseas joint ventures
- Domestic and overseas IPO of TMT companies
- Conducting due diligence, and responding to dispute resolutions related to M&A of TMT companies
- Consultation on dispute management, and respond to regulatory investigations and litigations regarding personal information leakage
- Obtaining licenses and authorizations for location-based business service providers
Experience Close
- Advised on M&A between IPTV and cable TV operators
- Advised terrestrial broadcasters and cable operators on acts banned under the Broadcasting Act
- Advised terrestrial broadcasters and cable channel operators on re-licensing conditions and VOC
- Advised on the approval of the change in the largest shareholder of broadcasting company
- Represented SBS in a lawsuit on terrestrial retransmission cost
- Advised on service transmission fee of home shopping company
- Advised on intellectual property rights and fair trade law regarding terrestrial broadcasters' programs such as MBC, SBS, KBS
- Advised major web portals, including NAVER, Daum, Interpark, SK Communication, etc., on the intellectual property issues
- Represented a client in a lawsuit related to the leakage of source codes involving an on-line game company
- Advised a credit card company on establishing a computer system
- Advised AhnLab on security solutions and online services
- Advised broadcasters on online advertising business
- Advised on Smart TV
- Advised FOX International and Arirang TV on producing and selling cable broadcasting programs
- Advised KBS on joint venture establishment and investment in kind pursued with Cambodian broadcasters
