Editing Korean Broadcasting System (section)

==Structure==
[[File:KBS 2FM studio-Seoul.jpg|200px|thumb|right|[[KBS Cool FM]] Radio studios]]
[[File:KBS Changwon, 2015-01-03.jpg|200px|thumb|right|KBS regional broadcasting station in [[Changwon]]]]

KBS is an independently managed public corporation ({{Korean|hangul=공사|hanja=公社|labels=no}}) funded by the [[South Korean government]] and license fees. As part of the [[Constitution of the Republic of Korea|Constitution]], the KBS president is chosen by the [[President of South Korea]], as recommended by its board of directors. Political parties in South Korea have the right to name members of the KBS board of directors.

This system gives politicians effective control over choosing the president of KBS, as well as its board of directors. People who are critical of the system cite political intervention in KBS's governance as reason for revising the current system of recruiting.

In order to uphold and defend independence, KBS, since 2018, created a 'Public Advisory Group', as part of the selection process of new KBS President and CEO. Each President and CEO of KBS is recommended by the KBS Board of Governors. The Group examines Presidential candidates via a presentation, a panel discussion, and an interview. Each is ultimately appointed by the President.

Around 49% of KBS's revenue comes from a mandatory [[Television licence|television licence fee]] of 2,500 [[South Korean won|won]], on top of 18.7% from commercial advertisement sales.<ref name="2019 Korean Broadcasting System Annual Report">{{cite web|title="2019 Korean Broadcasting System Annual Report|url=http://padmin.static.kbs.co.kr/nbroad/2020/7/14/1594687923052_nbroad.pdf|access-date=24 July 2020|archive-date=3 August 2020|archive-url=https://web.archive.org/web/20200803104033/http://padmin.static.kbs.co.kr/nbroad/2020/7/14/1594687923052_nbroad.pdf|url-status=live}}</ref>

In addition to 18 regional stations and 12 overseas branches, eight subsidiary companies such as KBSN, KBS Business and KBS Media manage KBS content.