MAM
Amagi appoints Hyukmo Mun to lead cloud broadcast growth in Korea
MUMBAI: The cloud is rolling over Korea and it’s bringing Amagi with it. The cloud-based SaaS powerhouse for broadcast and streaming TV has announced the appointment of Hyukmo Mun as sales director for Korea, marking another bold step in its expansion across East and Southeast Asia.
In his new role, Hyukmo will lead Amagi’s business growth in Korea, while also fuelling opportunities in Hong Kong, Taiwan, and Vietnam, a region fast becoming the epicentre of cloud-led broadcast transformation.
With more than 18 years in the media and broadcast trenches, Hyukmo’s credentials are as solid as they come. From helping Korean broadcasters embrace advanced video compression at ATEME, to spearheading AI-powered cloud migration at Megazone Cloud, he’s been at the frontline of broadcast evolution.
Now, at Amagi, Hyukmo’s mission is clear to help broadcasters and content owners transition to cloud-native playout and monetisation models that promise agility, efficiency, and new revenue streams in an increasingly digital-first world.
“I’m thrilled to join Amagi at a time when broadcasters and content owners in Asia are accelerating their move to the cloud,” said Amagi sales director for Korea Hyukmo Mun. “With Amagi’s deep expertise in cloud-native broadcast and monetisation, I look forward to helping customers modernise operations, improve agility, and unlock new revenue opportunities.”
Welcoming the appointment Amagi senior vice president for Asia Pacific Jay Ganesan noted, “Hyukmo’s appointment reinforces our commitment to the Korean and broader Asia Pacific markets. His extensive experience across broadcast, IPTV, and cloud transformation makes him an invaluable addition as we expand Amagi’s footprint and support customers in their journey toward next-generation cloud broadcasting.”
Founded in 2008, Amagi has become a global force in cloud-based media delivery powering over 7,000 channel deliveries and enabling 26 billion ad impressions worldwide. From traditional broadcasters to next-gen streamers, the company is redefining how content travels from studio to screen.
For Amagi, the addition of Hyukmo isn’t just another leadership move, it’s a strategic acceleration. As Asia’s broadcasters race to modernise, Amagi’s mix of cloud innovation and local expertise could make it the region’s go-to tech ally.
Looks like the Korean wave just got a cloud upgrade and Amagi is ready to ride it.
Brands
Jubilant FoodWorks faces Rs 47.5 crore GST demand, plans appeal
Tax authorities flag alleged misclassification of restaurant services
MUMBAI: Jubilant FoodWorks Limited has landed in a tax tussle after receiving a GST demand of Rs 47.5 crore from the office of the additional commissioner of CGST and central excise in Thane, Maharashtra.
The order, issued under the provisions of the Central Goods and Services Tax Act, 2017, relates to an alleged incorrect classification of certain services under the category of restaurant services. According to the tax authorities, this classification resulted in a short payment of goods and services tax for the period between the financial years 2019-20 and 2021-22.
The demand includes Rs 47.5 crore in GST along with an equal amount as penalty, in addition to applicable interest. The order was received by the company on March 13, 2026.
In a regulatory filing to the BSE Limited and the National Stock Exchange of India Limited, the company said it disagrees with the order and believes its arguments were not adequately considered.
The company is preparing to challenge the decision and plans to file an appeal. It added that once the redressal process is complete, the demand is likely to be dropped.
Despite the sizeable figure attached to the notice, the company said it does not expect any material impact on its financials, operations or other activities.
The disclosure was signed by Suman Hegde, EVP and chief financial officer, who confirmed that the company received the order at 19:06 IST on March 13 and has already initiated steps to contest it.
The development places the quick service restaurant major in the middle of a tax debate that could hinge on how certain restaurant-linked services are classified under GST rules. For now, the company appears ready to take the matter from the tax office to the appeals desk.
