A Study on the Profitability Analysis of CATV Broadcasting Business Using Accounting Separation

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Key Points

This research aims to accurately determine the profitability of CATV broadcasting in a changing media landscape focused on OTT services.
Applied various accounting separation methods suitable for CATV broadcasting based on telecommunications standards.
Analyzed SO's income statement to distinctly separate revenues and costs of broadcasting and non-broadcasting sectors.
Used empirical data to contrast previous overestimations of profitability.
Confirmed significant operating loss rates for CATV broadcasting at -6.7% in 2022 and -10.1% in 2023.
Demonstrated that the structural deficit is more severe than prior evaluations suggested.
Highlighted the need for policy improvements regarding data collection methods in broadcast market evaluations.

Analyzes operating losses in CATV broadcasting, indicating a more serious decline than previously understood.

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Hoon Jung (2026) studied this question.

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