Korea's 'Naked News' shuts down

Topless Internet broadcast closes after a month

SEOUL -- "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 and a New Zealander investor of Chinese descent John Chow -- have left the country without paying their deferred salary.

Naked News Korea began its service on June 23 under the catchphrase "the program with nothing to hide." The company attracted 260,000 subscribers after its first week, a South Korean wire service Yonhap reported. But as the program's sexual content got more explicit, a local broadcasting commission fired a soft warning in early July, announcing that the commission is carefully watching the show for any legal violations.