Struggling paybox hires Roadshow exec

HONG KONG — Loss-making Hong Kong paybox TVB Pay Vision has appointed Eric Yeung as its new CEO.

Until recently, Yeung was a senior exec at outdoor advertising firm RoadShow Holdings and was previously director of programming with New World TV, a Chinese cable net in Australia and Hong Kong.

TVB Pay Vision is jointly owned by Hong Kong’s leading free-to-air broadcaster Television Broadcasts and media investor See Corp. It faces tough competition and last year lost $19.4 million.

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