Hong Kong Awards New TV Licenses to Pay-TV Giants

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Hong Kong - on Tuesday a new free television broadcasting licences issued to Hong Kong's two pay TV platform operators. But was refused, the company has to do the most into domestic radio department, city telecom licenses.
The Hong Kong government has approved in principle wonderful television (TV) unexpected by cable operators, cable broadband support Hong Kong film and television entertainment (HKTVE), PCCW's telecoms and IPTV group support.
"[decision] introduction and increase [S] [S] of competition program of choice and diversity, but at the same time, minimize any possible adverse impact the risk of free television market as a whole, said:" for commerce and economic development director, Gregory so.
The two groups, is expected to have a new channel and run was officially awarded the license within a year. The two sides plan further channel launched in the following year. Dream TV promises to invest more than $1.29 million (hk $100 million), released in the first six years. HKTVE from the first three years of investment will exceed $77400000 (hk $600 million).
"We believe that the magic TV and HKTVE, will be conducive to the additional investment to local programme production. This will not only for the audience to provide more choices, and create more jobs, in the creative industries," said so.
At present, Hong Kong has two free television advertising support group, the dominant television broadcasts (TVB) and Asia television (ATV), perennial struggle against granting new license. Terrestrial digital broadcast also launched at the end of 2007 in Hong Kong,
Although only two or three free TV licence application has been approved, therefore stressed that the government may allow other free TV operators. The government gave no explanation in a statement of reasons refused to city telecom's offer.
List licensing conditions include communications authority for examination and approval of observation, the relative competitiveness of the assess every applicant received public opinion, the government's current broadcasting policy, and the public interests. "
Beyond the politically correct radio field to expand, the current Hong Kong city telecom and its rich and colorful, founder and chief executive Wang Weiji has stirred a few years. As one of the biggest Internet service providers (isps), one of the largest international long distance telephone supplier in China, he and his company have experience and foundation of the communications industry can rely on.
Yellow become atv in December 2008 head, but his tenure, which lasted just 12 days, including in the miss Hong Kong pageant scandal, the threat of news management interference, and the yellow table, the channel should not serve as if it belongs to the Chinese state broadcaster CCTV.

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