Hong Kong Television Network has reported a loss of HK$40.3 million for the year ended August 31, according to The Standard. The report added that HKTV said HK$531.3 million has been invested in fixed assets, but that capital expenditure has slowed down. The company said it has either completed shooting or has been producing 190 drama programme episodes, 70 episodes of variety and infotainment programmes, and more than 1,000 episodes of purchased content, added the news report. … [Read more...] about HKTV reports HK$40m loss
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Hong Kong regulator accuses government of ignoring advice
The South China Morning Post has reported that the Communications Authority (CA) said their advice was ignored, and that the government did not respond to them before making the decision not to award Ricky Wong's HKTV, a new player, a free TV licence. The news report adds that in its submission to the government, the CA said that all three applicants - HKTV, Fantastic TV and HKTVE, met the statutory requirements and the four criteria listed by the government - financial … [Read more...] about Hong Kong regulator accuses government of ignoring advice
PCCW launches HK$300 million Independent Productions fund
Hong Kong - PCCW has announced the set-up of a HK$300 million Independent Productions Fund for the acquisition of local independent productions in a bid to support the local production industry, as well as offering a greater variety of TV programme choices for Hong Kong viewers. First conceived more than a year ago, the Independent Productions Fund forms part of PCCW’s preparation for its Free TV service.PCCW welcomes the Chief Executive-in-Council’s grant of the … [Read more...] about PCCW launches HK$300 million Independent Productions fund
Public to influence PCCW licence renewal
Hong Kong's Communications Authority (CA) will conduct a one-month public consultation exercise for the renewal of the domestic pay-TV service licence of PCCW Media Limited, starting from November 1, 2013. PCCW Media's licence commenced on September 26, 2003, and will expire after September 25, 2015. Pursuant to section 11(3) of the Broadcasting Ordinance (Cap. 562), the CA will process PCCW Media's licence renewal application and submit recommendations to the Chief Executive in … [Read more...] about Public to influence PCCW licence renewal
Hong Kong reasserts absence of cap on FTA licences
According to The Standard, Hong Kong's Commerce Secretary Gregory So Kam- leung has ordered his staff to reinstate a statement indicating there is no limit to the number of FTA TV licenses to be granted - a statement which had been deleted from the official website in September 2013. The Executive Council has thus far maintained silence, in accordance with its principle of confidentiality, over why HKTV was refused an FTA licence. This website update is seen by some as a … [Read more...] about Hong Kong reasserts absence of cap on FTA licences
ATV’s broadcast licence in jeopardy
Secretary for Commerce and Economic Development Gregory So Kam-leung made the announcement, according to the South China Morning Post, which added that the Communications Authority ordered ATV to remove executive director James Shing Pan-yu from his post by September 2, 2013 after he helped facilitate undue interference from Wong in the station's management. The company was also fined HK$1 million, added the report. "I hope that ATV will comply with the instructions issued by the … [Read more...] about ATV’s broadcast licence in jeopardy
