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McCune–Reischauer. MBC Kayotaejejŏn. The MBC Gayo Daejejeon ( Korean : MBC 가요대제전) is an annual, end-of-the-year South Korean music show broadcast by the Munhwa Broadcasting Corporation (MBC). [1] The event was first held in 1966 as a singing competition, but MBC stopped giving out awards in 2005. [2] [3] live streaming demo fpi