The recent interest in the industrial development of mass media has become a major task to national policy. The reason is that in the 21^st century information technology society, media industry has grown to one of the of core elements determining a nation’s future of international competition. When we resolutely release the regulations on media industry and actively pursue leaps through free competition, Korea’s media industry will move forward. This book lists various suggestions regarding the advancement of media industry. The current media industry is not only experiencing drastic change due to the amalgamation of broadcast and communication but also is creating massive influence on our daily lives. This work looks to the big picture and discussed in each chapter 6 major issues selected in the categories of internet media, broadcast industry structure, and advertisement policy.