TVB Chairman Remains Skeptical About HKTV
Although Hong Kong television station, HKTV, will start its Internet broadcasting on July 1, TVB seems to foresee no threat. At a Lunar New Year gathering, TVB’s Chairman, Norman Leung (梁乃鵬), expressed his confidence and pointed out doubts regarding HKTV’s productions and budget. On the other hand, he revealed TVB is making progress with new projects to engage viewers.
Over the past year, news of HKTV’s development circulated frequently. Despite the audience’s support and interest in the new company, Mr. Leung implied it may turn out to be a disappointment since all the noise have pushed expectations so high. He openly remarked, “[TVB] has been the home to decades of facilities and talented artists. [HKTV] made much loud noise this year. Let’s all wait and see what they actually have to offer.”
Mr. Leung also questioned the budget of HKTV’s productions. Earlier reports indicated they only had $2 billion HKD at hand, which is not enough according to Mr. Leung. TVB already possesses $3 billion HKD in bank funds alone. Mr. Leung said, “HKTV said they can build their filming studios with $800 million HKD; I can say that even $1.6 billion HKD is not enough for film set construction. What can $2 billion HKD do? That’s from an objective, analytically standpoint.”
Well aware that 2014 is not going to be a smooth-sailing year due to the two additional free television-broadcasting licenses the government has approved, Mr. Leung firmly believes TVB can overcome all. He stated TVB has the most overall experience, whereas HKTV is still facing some real issues with budgets and savings. In addition, Mr. Leung announced TVB is looking to hire 50 creative individuals to be in charge of their new J2 channel. GOTV is also well underway, reaching over ten thousand users within just a month of its launch.
This article is written by Shirley for JayneStars.com.