Kim Jong-cheol, the chairperson of the Korea Media and Communications Commission (KMCC), speaks to mark his first six months in office at a press conference held at the government complex in Gwacheon, Gyeonggi Province, Monday. YonhapThe chief of Korea's media watchdog vowed to foster a healthy media environment through bold regulatory reforms during a press conference held Monday."We plan to foster a healthy media environment through bold improvements of old and unreasonable regulations, such as those related to broadcast advertisements and broadcast programming," Kim Jong-cheol, the chairperson of the Korea Media and Communications Commission (KMCC), said at a press conference to mark his first six months in office.The media watchdog is also planning to push forward with the establishment of a media development committee tasked with improving policies related to the media industry, Kim said.Some of the agendas to be discussed at the public-private committee include the restructuring of the funding systems for broadcasting, media and telecommunications sectors, the media watchdog chief added.Kim mentioned that his organization is keeping a close watch on the local broadcaster JTBC after two companies related to the broadcaster filed for bankruptcy later last week.Regarding the progress on the enforcement of some 68 billion won ($50.42 million) in fines slapped on Alphabet's Google and Apple for their violation of the country's in-app payment laws, Kim refrained from elaborating, only saying the agency will formalize its decision "soon."