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KBS Symphony Orchestra to Become Independent Corporation

Written: 2012-05-31 07:22:59Updated: 2012-05-31 09:24:06

KBS Symphony Orchestra to Become Independent Corporation

KBS’s board of directors has unanimously agreed to make the KBS Symphony Orchestra an independent corporation.

KBS said the board reached the decision Wednesday in a bid to boost the competitiveness of orchestra members and reform the management system to center on professionals. The broadcaster stressed that the transition is not aimed at downsizing or reducing costs.

The KBS Symphony Orchestra's management was transferred to KBS from the National Symphony Orchestra in 1981. It plans to reestablish itself as an independent corporation by August first.

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