HYUNDAI HCN Co.,Ltd. is a Korea-based company engaged in the broadcasting business. The Company operates in various businesses, including digital broadcasting, cable broadcasting, video on demand (VOD), Internet, voice over Internet protocol (VOIP) and broadcasting advertising. As of December 31, 2011, the Company had 24 subsidiaries and affiliated companies. On March 20, 2013, the Company acquired a 97.46% stake in pohang total cable broadcasting, engaged in cable broadcasting and value-added telecommunications businesses.