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Herald Corporation

Herald Corporation (formally Herald Media; Korean헤럴드) is a South Korean media, education, and lifestyle company that provides a variety of contents and ecofriendly initiatives through its publications and subsidiaries. Founded in 1953, it is headquartered in Seoul, South Korea. It publishes The Korea Herald, Herald Business, Junior Herald, and Campus Herald. Over the past 60 plus years, Herald, through its publication such as The Korea Herald, Herald Business, and Junior Herald, has evolved into a unique media and lifestyle platform that places a strong emphasis on education, design, and sustainability.

The formation of Herald began with the founding of The Korea Herald, a daily English-language newspaper, In 1952, the newspaper 'Jeil Shinbo' was established, and in 1954, it was renamed to Industrial Economy Newspaper. Later, it was acquired by the Korea International Trade Association and became 'The daily Naewoe Economic Newspaper', and it was later renamed 'The Herald Business'.

In 2002, Ryan Jungwook Hong acquired the Herald Corporation and currently sits as the chairman of the group. Since its acquisition, the Herald has quickly expanded its businesses in other areas, namely the internet, broadcasting, magazines, education, and ecofriendly businesses such as Herald Ecochem, Organica, and Organica Day.

The Korea Herald began in August 1953 as The Korean Republic, a 4-page tabloid English-language daily. In 1958, The Korean Republic published its fifth anniversary issue of 84 pages, the largest ever in Korea. In 1962, The Korean Republic published its first daily educational supplement and launched the Korean Republic English Institute (the Korea Herald Language Institute). In August 1965, The Korean Republic was renamed The Korea Herald.

In 1973 The Korea Herald began issuing domestic daily newspaper with a special emphasis on business and economic news. In 1982, the daily international edition of The Korea Herald was launched as an 8-page tabloid. In 1995 The Korea Herald began providing internet services in 1995 and its domestic business section followed that suit in 1999. In addition Herald has been appointed the official English publisher for many notable events such as the Seoul Asian Games(1986), Daejun Expo(1992), General Assembly of Universal Postal(1994), Winter Universiade events(1997), Busan East Asian Games (1997). In December, 1999 a web based domestic daily newspaper was also launched.

In December 2002, Hong Jung-wook acquired the Herald Corporation and currently sits as the chairman of the group. Since its acquisition, Herald has quickly expanded its businesses in other areas, namely the internet, broadcasting, magazines, education, and ecofriendly businesses. Starting in 2012, under the slogan “Within nature lies a cure for humanity”, Herald has invested heavily in procuring and solidifying various ecofriendly businesses. Established in 2012, Herald Ecochem was successful in developing Korea's first oxidizing biodegradable plastic film and is currently in the process of launching a variety of eco-friendly packaging materials. In 2013, Herald expanded into the organic and natural whole foods business by acquiring Cheonbo Natural Foods and launched its business as Organica. In 2015, Organica spun off its cleanse juice division, together with salads & soups, and is currently operating under the name Organica Day Inc.

Herald has also been actively involved in philanthropic endeavors, as exemplified by its strong commitment towards nature and humanity. In 2015 Herald became the first media company to receive a Family Friendly Certification from the Gender Equality organization. In addition Herald is the first Korean media company to establish a partnership with World Wide Fund for Nature (WWF)[1]. Herald has also showed its strong support in the arts and humanitarian causes, as evidenced by the establishment of Olje Foundation [2] and Herald Philharmonic Orchestra [3].

The Korea Herald is a daily English-language newspaper founded in 1953 and published in Seoul, South Korea. In 1958, The Korean Republic published its fifth anniversary issue of 84 pages, the largest ever in Korea. In 1962, The Korean Republic published its first daily educational supplement and launched the Korean Republic English Institute (the Korea Herald Language Institute). The Korea Herald is considered the nation's top English-language newspaper as it occupies over 50% of Korea's English newspaper sector and is Korea's only member company of the Asia News Network (ANN). The Korea Herald is currently being distributed in over 80 countries around globe and over 1 million readers visit the online edition of the paper on a daily basis. The editorial staff is composed of Korean and international writers and editors, with additional news coverage drawn from international news agencies such as the Associated Press.

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