Publisher Jeon discloses at the year-end party for the 'Old Boys'

By Publisher Lee Kyung-sik with Reporter Lee Ji-hyun 

“We now at The Herald Business Daily have a total of over 4.5 million readers and I trust that we rank the 6th or 7th among all so many media organizations in Korea!” So assured by Publisher-Chairman Jeon Chang-hyeop of The Korea Herald media at a year-end reception he hosted for the former members of The Korea Herald media.
I attended the reception as a member of the 'Old Boys' club (as I was the former Cultural Editor of Korea's  Number 1 English daily, The Korea Herald).
The attendance was not as large as those on the previous occasions obviously due to the COVID-19 pandemic, which has obviously hampered the regular attendance of the members.
Speaking at the meeting, Chairman Park Haeng-hwan of the “Old Boys’ Club” said, “It is very nice to meet you all again! We have not been able to host our year-end party for the past two years due to the COVID-19 pandemic. “So, today's meeting is our first year-end party in three years.”
(See excerpts from his remarks at toward the end of this report.)

 

‘Old Boys’ of The Herald Media pose for the camera at their year-end party held at the Press Center in Seoul on Dec. 22, 2022. Among them, Publisher-Chairman Jeon Chang-hyeop of The Korea Herald media and Chairman Park Haeng-hwan of the “Old Boys’ Club” (fifth and sixth from left, front row, respectively) are seen with Publisher-Chairman Lee Kyung-sik of The Korea Post media and Executive Vice Chairman Lee Joong-kang of the Club at second and third from right, front row, respectively.
‘Old Boys’ of The Herald Media pose for the camera at their year-end party held at the Press Center in Seoul on Dec. 22, 2022. Among them, Publisher-Chairman Jeon Chang-hyeop of The Korea Herald media and Chairman Park Haeng-hwan of the “Old Boys’ Club” (fifth and sixth from left, front row, respectively) are seen with Publisher-Chairman Lee Kyung-sik of The Korea Post media and Executive Vice Chairman Lee Joong-kang of the Club at second and third from right, front row, respectively.

Chairman Park's remarks were followed by one by incumbent Publisher-Chairman Jeon who leads The Korea Herald media (consisting of an English daily, a Korean-language business daily and a number of other print and Internet media organizations).
Chairman Jeon added: “As Chairman Park noted earlier, today is Dongji Day when the night is the longest. And also, the temperature is very low today. But, personally, seeing our seniors here, I feel very reassured and my heart is warm as if we were all in spring time!” (See further details of his speech at the end of this report.)
The management of The Korea Herald media this year appears to have paid additional attention to make the “Old Boys” happy as the dinner was an a la-carte meal instead of the buffet parties of the past occasions.
Too, the management prepared beautiful year-end gifts for each 'Old Boy' attending the party.
Here is a brief introduction to The Korea Herald:
The Herald Media is leading mobile content with two pillars--The Korea Herald (English daily) and The Herald Business (Korean-language business daily). The Herald Media is also growing into a unique media company through design, environment, education and art auction.

Publisher-Chairman Jeon Chang-hyeop of The Korea Herald media delivers  welcoming remarks at the year-end party of the  “Korea Herald Old Boys’ Club.''
Publisher-Chairman Jeon Chang-hyeop of The Korea Herald media delivers  welcoming remarks at the year-end party of the  “Korea Herald Old Boys’ Club.''

The Herald Business is a leading Korean-language business daily in the mobile era. Seeking creative content based on original perspectives and specialty in economy, The Herald Business is pioneering to realize “mobile only” media with its distinguished video content.
The Korea Herald, the English daily,  is the country's No. 1 English newspaper in both online and offline markets, distributing content to some 80 countries around the world. The Korea Herald looks to serve as a stepping stone to report Korea’s world top 10 economy and culture across the globe. The Korea Herald also aims to make a leap into becoming a global content platform through KPOP Herald and other media units.
Herald Design: With its motto “Design changes the world,” Herald Design has been inviting global leaders in design industry to hold Korea’s largest annual design forum since 2011. It maps out Herald’s future through content event business.

Herald Eco: It is Herald’s environmental brand that brings together various perspectives and voices regarding environmental problems from all walks of life and leads actions to overcome the climate crisis.

 

Chairman Park Haeng-hwan of the “Old Boys’ Club” said, “We have not been able to host our year-end party for the past two years due to the COVID-19 pandemic. So, today's meeting is our first year-end party in three years.”
Chairman Park Haeng-hwan of the “Old Boys’ Club” said, “We have not been able to host our year-end party for the past two years due to the COVID-19 pandemic. So, today's meeting is our first year-end party in three years.”

The company wants to take the lead in turning protecting the Earth and creating a culture that can be shared by many, rather than leaving it as just the calling of a few.
Herald Artday: As a multi-culture media company specializing in art auctions, exhibitions, conventions and promotions, Herald Artday is a cultural art icon that provides a platform where the public can easily enjoy art.
Herald Edu: Through experience-based education at English villages and newly-tapped online/mobile education growth, Herald Edu seeks to become an education brand befitting the digital age.
Busan Global Village: As Busan’s first school-type English learning space, Busan Global Village offers high-quality English learning opportunities through hands-on experiences.
The Korea Herald Corporation has successfully broadened its services into the broadcast and new media sectors, establishing itself as a global media group. In 2007, it took over Donga TV, the leading cable channel for women, to further widen its network.
To keep up with the pace of change in the media environment, the Herald Corporation continues to develop content for new media platforms, including mobile, online, e-book and tablet PC content.

 

A partial view of the year-end party venue with Publisher-Chairman  Jeon Chang-hyeop speaking behind rostrum in the Korea Press Center introducing the guests.
A partial view of the year-end party venue with Publisher-Chairman  Jeon Chang-hyeop speaking behind rostrum in the Korea Press Center introducing the guests.

The Korea Herald has undergone a significant upgrading and its status is now unmatched by any other English language newspaper in Korea. It expanded its business and culture sections. With the change, more in-depth business stories and a wide range of coverage from pop culture to traditional culture is available.
The Naeway Economic Daily, a leading business daily for 30 years, was renamed The Herald Business in 2003 and became the nation’s first “fusion newspaper,” combining business and financial information with culture and entertainment news.
The Junior Herald is a sister newspaper of The Korea Herald. First published on May 1, 2004, it has become a prestigious newspaper for young readers, especially those between the ages of 10 and 16.
The Junior Herald vows that it will strive to become one of the most valuable English newspapers in Asia with top quality and interesting stories, and boost the Newspaper In Education movement, which helps students find knowledge in newspapers.
Education is one of the most important business areas of Herald Corporation along with newspaper production and new media.

It operates a “lifetime language education network” from childhood to adulthood with two language institutes, three subsidiaries and six English Villages. Herald Corporation also offers printing, translation and special project services.
The English Villages: This village operated by The Korea Herald provides a live-in environment where only English is spoken, attract more than 200,000 students each year. With more than 50 years of history, The Korea Herald English Institute (www.heraldstudy.com) and The Korea Herald Translation Center (www.heraldtrans.com) are recognized as the country’s leading providers of language services.
Herald Corporation has a proud tradition and an unmatched brand power in media and education. Setting its sights on broader horizons, the company is undertaking a historical transformation from Korea’s premier media group to a leading knowledge-information powerhouse in Asia and global content provider. 

 

Photo shows, from left, Advisor Kwon Chung-won, Chairman Park Haeng-hwan, Publisher-Chairman Jeon Chang-hyeop, and Lee Kyung-sik of The Korea Post media.
Photo shows, from left, Advisor Kwon Chung-won, Chairman Park Haeng-hwan, Publisher-Chairman Jeon Chang-hyeop, and Lee Kyung-sik of The Korea Post media.

Excerpts from the speech of Chairman Park:
As I set the date on the 22nd, it happened to be the Dongji Day (Winter Solstice).
Dongji Day was called Ha Se Da (small New Year's Day) by our ancestors a long time ago.
So, it is the second biggest celebration day after New Year's Day, and it is also a day to eat red bean porridge celebrating the day.
Today is probably the longest-night day of the year, but from tomorrow, the length of the day is gradually getting longer.
Anyway, it has been three years since we met with one another last. So, this is a very special year-end party.
Although it is not a large number of us meeting this evening, partly due to the cold weather today, and I would like to express my profound gratitude to our dear members for this meeting this evening.
I think that you're here because of the warm and strong bond between you and The Korea Herald. I'm thankful that you're here braving the cold weather.
Our publisher-chairman, Mr. Jeon Chang-hyeop, is gracing our meeting with his presence and so are Director Shin Young-bae, and Editorial Director Shin Chang-hoon.
This evening, our company have provided us with profound support in both in heart and kind with nice gifts.

Publisher-Chairman Lee Kyung-sik of The Korea Post media (center) takes a commemorative photo with participants at the year-end party of "Old Boys" at the Press Center in Seoul on Dec. 22, 2022. Publisher-Chairman Jeon Chang-hyeop of The Korea Herald media is seen at the far left.
Publisher-Chairman Lee Kyung-sik of The Korea Post media (center) takes a commemorative photo with participants at the year-end party of "Old Boys" at the Press Center in Seoul on Dec. 22, 2022. Publisher-Chairman Jeon Chang-hyeop of The Korea Herald media is seen at the far left.

Excerpts from the welcome remarks by Publisher-Chairman Jeon:
This is a very happy meeting. I am Jeon Chang-hyeop, pulisher-chairman of The Korea Herald media.
As Chairman Park Haeng-hwan kindly noted earlier, today is Dongji Day when the night is the longest. And also, the temperature is very low today.
But, personally, seeing our seniors here, I feel very reassured and my heart is warm as if I were on a spring day today.
I would like to express my sincere gratitude to Chairman Park and other executive members of the Old Boys Club for preparing such a valuable occasion to the point where I am inclined to say, “We should have this event once every month instead of once a year.
I would like to express my humble gratitude once again to our seniors who attend this meeting to encourage us (their juniors) braving the cold weather.
Based on their dedication, effort, and support, I think today's Herald is here.
Now, I would like to introduce the important persons in attendance here this evening.
I would like to introduce some of our members on active duty. 
Here we have Mr. Shin Yong-Bae who is the director at The Korea Herald.
And then we have Mr. Kim Hyung-gon who has the overall command at the business and marketing.
We now at The Herald Business Daily have a total of over 4.5 million readers and I trust that we are the 6th or 7th among all so many media organizations in Korea.
As you may be aware, we have an overwhelming top place in the off-line area and in the case of our English media, The Korea Herald, we have over one million readers.
As our seniors here may be all aware, the New Year marks the 70th anniversary of The Korea Herald and the 50th anniversary of the Korean-language Herald Business Daily.
We are making a lot of preparations to celebrate this most auspicious occasion.
I would like to invite all our seniors to celebrate this most auspicious occasion. They say that the economy is not all that good at this time, but we are all doing our level best to make the New Year a year when we make a Great Leap Forward.
I'm personally confident that next year at this very meeting we will be able to report here that we have made a big leap forward. And personally, I feel that we can amply achieve it.
Objectively viewing and speaking, I think that it is amazing that our company has been growing at this rate for nearly 70 years.
I'm sure that we owe greatly to our seniors at this meeting that these amazing achievements have become possible!
We will work harder to make The Korea Herald media bigger, and in the New Year we would like to report to our seniors here that we have, and we are really doing well!

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