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Only two television company can survive in Hong Kong

出自香港新聞網 - 樹仁新傳系學生實習習作

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Only two television company can survive in Hong Kong


  22nd January -- “Most of the television company profit come from advertising,” said Mr. Mark Lee Po On, Executive Director and Group General Manager, TVB, adding that there only can have two television company in Hong Kong in the long term.  


Since 1998, there are no limited of the television license number, those companies can apply to have a new license. But Lee said the government should carefully handle this condition. Because television companies profit are come from advertising, the government need to calculate the advertising market can afford how many television companies to earn profit. And Lee agree that appropriate competition can make the market sustainable development, but over competition only make the market regress not improve.  



Lee also said, if the government use the free market mechanism, there would spring up many different kind of companies apply free television license. For examples, political, religion television companies. It may not good for the market and audience. And there have a problem that if many television companies share one advertising market, the companies cannot earn enough profit so that they need to cut tv programme, it only makes the industry regress.

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