SBS Media Holdings Co., Ltd. is a Korea-based holding company engaged in the management of its subsidiaries. As of December 31, 2011, the Company had nine subsidiaries: SEOUL BROADCASTING SYSTEM, SBS Contents Hub Co.,Ltd., SBS GOLF Co., Ltd., SBS Plus Co., Ltd., SBS Sports Co., Ltd, SBS Business Network Co.,Ltd, SBS-VIACOM Limited , MEDIACRE8 and SBS International, INC. Its subsidiaries are mainly engaged in the television broadcasting, radio television broadcasting, cable broadcasting, program production, contents distribution, as well as advertising businesses. On September 30, 2011, the Company acquired a 51% stake in SBS-VIACOM Limited. On October 27, 2011, the Company acquired a 60% stake in MEDIACRE8.
(Source: ARS)