JTBC and four JoongAng Group affiliates sought court protection after a debt default, raising the prospect of asset sales and restructuring.

JoongAng Group's flagship broadcaster JTBC has filed for court-supervised corporate rehabilitation, following four other affiliates of the Korean media conglome

JTBC and four JoongAng Group affiliates sought court protection after a debt default, raising the prospect of asset sales and restructuring.