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Herald Corporation

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Herald Corporation (formally Herald Media ; Korean :  헤럴드 ) is a South Korean media, education, and lifestyle company that provides a variety of contents and ecofriendly initiatives through its publications and subsidiaries. This is located in Seoul , South Korea and founded in 1953. 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.

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34-566: The formation of Herald began with the founding of The Korea Herald , a daily English-language newspaper, in 1953. In 1973 a domestic daily newspaper, The Daily Domestic Business , which has been renamed to Herald Business, was created. 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

68-441: A carefully curated series of Western and Eastern literature, philosophy, religion, and history books - to the public at low costs and donating 20% of the books to schools, libraries, armed forces, prisons, etc. Herald Philharmonic Orchestra was founded in 2014 in an effort to popularize classical music. Its primary objective is to expose classical music to the youth and other ordinary citizens. Its principal conductor has conducted at

102-423: A decades of consecutive of growth and profitability, and is now one of Korea's most profitable media companies. In 2013, with the belief that "within nature lies cure for humanity," Hong also founded Organica, a pioneering premium natural food company offering whole foods, natural snacks, cold-press juices, and salads. Organica's brands include Just Juice, Korea's premier cold-press HPP juices, and Season to Season,

136-513: A food magazine with a primary focus on vegan diet, Herald Pop, a focus on the entertainment industry, and HOOC, an innovative SNS media content. In 2005, The Herald Business (USA) was established to provide news to Koreans living in the United States. It provides important news content from The Herald Business and local news. Good Morning Media (publisher of The Herald Business (USA)) not only publishes newspapers, but regularly contributes to

170-493: A high-quality English newspaper for children created by leading international writers who have written for distinguished news agencies such as The Korea Herald, Reuters, and The Associated Press. It was founded in 2004 and is geared toward adolescents (ages 10~13). The Junior Herald is also focused on idea exchanges with other English newspapers for children published around the world. A children's English academy franchise that also produces English teaching materials. Herald Academy

204-405: A high-quality translation service. Organica is a premium whole food designer that offers eco-friendly, healthy, and natural food. In 2013, Herald acquired Cheonbo Natural Foods, previously Korea's largest environmentally friendly grain company, and launched its business as Organica. Organica supplies foods that retain the flavor and nutrition of its natural ingredients without additives. The company

238-642: A leveraged buyout. He turned the company around and quickly expanded its business into the internet, broadcasting, magazines, and education. In 2008, Hong resigned as chairman of Herald corporation and was elected to the National Assembly of the Republic of Korea , representing Nowon District in Seoul . Serving on the Foreign Affairs, Trade and Unification Committee, he was the chairman of

272-537: A non-profit organization promoting classics publication and education by offering Olje Classics and Olje Selections – a carefully curated series of Western and Eastern literature, philosophy, religion, and history books – to the public at low costs and donating 20% of the books to schools, libraries, armed forces, prisons, etc. Hong has served on the Board and the Operating Advisory Committee of

306-898: A pioneering Korean natural food company. Hong also heads the Olje Foundation, a non-profit organization promoting classics education. Ryan Jungwook Hong is the son of Won Namgung (Kyungil Hong), a celebrated Korean actor. Hong graduated from Apgujeong Elementary School and Apgujeong Middle School in Seoul. He left Korea in 1985 to study in the U.S. and went on to graduate from Choate Rosemary Hall in 1989. He received his A.B., magna cum laude, in East Asian Studies from Harvard University in 1993 and J.D. from Stanford Law School in 1998. He also studied political science at Seoul National University in Korea and international politics at

340-493: A premium selection of organic grains and superfoods. Through acquisitions and expansions, Hong is propelling Organica to serve as a benchmark for natural foods not only in Korea but also throughout Asia. His recent acquisitions include Cheonbo Natural Food, a leading organic grains distributor, in 2013, and Ansung Production Center, large-scale HPP facilities of CJ CheilJedang , in 2015, and Green Farm, an organic vegetable supplier, in 2016. In 2011, Hong established Olje Foundation,

374-442: A quality management certificate, and in 2014 it received ISO 14001, an environmental management certificate. In addition in 2015, Ecochem became the first Korean company to receive a “Green Label’, which is Singapore's ecofriendly approval certificate. Ecochem is currently in the process of developing other high value films such as contractile film, special protection film, sun ray protecting film, and circuit board film. Herald Artday

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408-406: A variety of natural snacks such as Natural Roasted Sweet Potato, Natural Dried Persimmon, Honest Bars, Organic Honey Butter Almonds, and superfoods such as quinoa, lentils, garbanzo beans, amaranth, chia seed, flaxseed, hemp seed, and basil seed. In 2015, Organica Day spun off of Organica as a division that produces cleanse juices, salads and cleanse soups. The same year, Paju Juice Production center

442-579: 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. In 1973, The Korea Herald launched

476-681: 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

510-579: Is an education company that is composed of Herald School (English academy franchise for children), Herald NIE (English franchise for children focusing on English Newspapers in Education (NIE)), Herald English (English preschool), and KNEAT (National English Ability Test (NEAT) business), while also publishing English textbooks for schools. Digital Herald is an education service company that specializes in English education and translation.  Digital Herald runs

544-522: Is cultural media company that specializes in art auctions, exhibitions, and conventions. It was founded in 2010 and has become Korea's leading online art auction within a year. Herald Artday Mobile Art Exhibit Guide has been downloaded over 500,000 times. Herald Artday has followed the initiative to bring art to the public through hosting fair online auctions and providing credible mobile content. A non-profit organization promoting classics publication and education by offering Olje Classics and Olje Selections -

578-545: 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

612-960: The National Museum of Korea since 2008 and has been a member of the Choate Board of Trustees since 2016, in addition to founding the Young Friends of the Museum. He is also a member of the Operating Committee of the Seoul National University Museum of Art . In 2014, Hong founded Herald Philharmonic Orchestra to promote and support classical music. In 2015, Hong engaged both Herald corporation and Organica to fund World Wide Fund for Nature 's premier ecological footprint report for Korea and help WWF Korea protect endangered species and increase

646-414: The 60-year-old Korea Herald Language Institute and operates an online Herald Campus that offers English education through Korea Herald news. The company also offers ESCORT, a commissioned English education service for companies, and HSPI, an evaluation service for job applicants that focuses on one-to-one English speaking for interviews. Korea Herald Translation Center, a subsidiary of Digital Herald, provides

680-516: The Daily Domestic Business Newspaper which was later renamed Herald Business in 2003. The Herald Business is one of the nation's leading business news sources. The newspaper's primary focus is on administration and business, but also includes content on culture and entertainment as well. It is Korea's representative evening paper known for its unconventional editorials and stimulating subject matter. The online edition of

714-497: The Hungary International Competition and has received the Republic of Korea Opera Conductor Award. Ryan Jungwook Hong Ryan Jungwook Hong ( Korean :  홍정욱 ) is a South Korean entrepreneur, businessman, and politician. Hong is the chairman and owner of Herald Corporation and related companies, a leading content and lifestyle group in Korea, and the founding chairman of Organica,

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748-526: 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

782-538: The Korean community by holding various events, such as forums and recitals. In 2011 the Herald Design Forum was created. This forum shares world-changing designs and creative inspirations from all around the globe and has been a key design event in Korea. Herald Design Forum drew public attention through the participation of internationally renowned designers like Chris Bangle and Karim Rashid. Herald edu

816-570: The awareness of climate change . A strong proponent of a plant-based diet , he has championed diverse initiatives to support organic farming and sustainable foods in Korea. In 2005, Hong was selected as a Young Global Leader by the World Economic Forum in 2005, an Asia 21 Fellow by Asia Society in 2006, and a Young World Leader by the BMW Foundation Herbert Quandt in 2008. During his 4-year term in

850-494: 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

884-692: The graduate school of Peking University in China. After passing the New York State Bar in 1998, Hong joined the Mergers and Acquisitions Group at Lehman Brothers in New York, but left the firm in 1999 to co-found an internet startup in California. In 2001, he returned to Korea to fulfill his military duty. In December 2002, he acquired Herald corporation , a venerable newspaper company, in

918-463: 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

952-484: 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

986-404: The nation's dominant English newspaper, and The Herald Business, Korea's largest afternoon financial daily; runs Herald Edu, Korea's largest English immersion campus network; manages Herald Artday, an online art auction company, and Herald Design Forum, one of Asia's premier design forums; and owns Biota, a manufacturer of biodegradable plastic films. Since 2005, Herald corporation has enjoyed over

1020-474: 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

1054-420: The paper was established in 1999 and has shown exponential growth since as it currently boasts an average 15 million page views per day. Herald Business has successful transition from a hard copy newspaper to an online and mobile ‘visual content newspaper’ and have launched several sections with an in-depth analysis of the subject matter. These section includes Super Rich, a section focusing on the 0.01%, Real Food,

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1088-525: The ruling Grand National Party 's International Affairs Committee and the Honorary Ambassador of Grant Aid for the Korean government. In 2012, however, he decided not to seek reelection and returned to his companies. Upon return, Hong transformed Herald corporation into a content and lifestyle group with businesses ranging from media and education to natural foods and biodegradable plastics. Herald corporation publishes The Korea Herald ,

1122-589: Was completed. In addition Organica Day has produced Korea's first cold-pressed cleanse juice, Just Juice Cleanse. The company utilizes high-pressure processing (HPP) that allows the juices to be sterilized and preserved without compensating their flavors and nutrients. Organica Day has also produced Korea's first detox soup, Cleanse Soup. Herald Ecochem, established in May 2012, is an environmentally conscious company that manufactures plastic materials for food, electronics, and other products. In 2013 Ecochem received ISO 9001,

1156-400: Was founded in 2004 and the company is responsible for managing Herald's six English villages. The English Villages are located in Seoul (Pungnap, Gwanak), Busan, Mokpo, Geoje, and Pyeongtaek. The English Villages aim is to teach English in a fun and engaging manner. Herald Edu also operates a school of continuing education for foreign languages for both children and adults. The Junior Herald is

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