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Naked News Korea Press Conference Video

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Uploaded on Feb 21, 2011

South Korea's "Naked News" goes bust...
"Naked News Korea," the first Internet news in Korean featuring topless female anchors, suspended its service Friday after the company had been in business for little more than a month.
The company posted on its Web site an apology letter and refund instructions for its nearly 30,000 paid members. The company cited "internal difficulties" for continuing its service, but a group of angry anchors from the program argued in a news conference that the company's two main heads -- an Israeli entrepreneur Yoav Sinai CEO and a New Zealander investor of Chinese descent John Chow -- have left the country without paying their deferred salary

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