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Shaw, 104, steps down as TVB chairman

Norman Leung to head Asian TV giant

Run Run Shaw, one of the legends of Asian cinema and TV, has retired, age 104, as chairman of Hong Kong broadcaster TVB after 40 years at the helm.

Shaw, who lists Ridley Scott’s “Blade Runner” among his producing credits, was one of the co-founders of TVB in 1967, and under his stewardship it grew from a local TV channel into an international broadcaster with 4,500 staff.

Hong Kong stars Chow Yun-fat, Andy Lau and Stephen Chow all cut their teeth in TVB dramas.

Shaw’s career in cinema began in Shanghai in the 1920s, and between 1928 and 1938, he and his brothers bought more than 100 cinemas in Singapore and Malaysia, and set up Shaw Brothers in 1948. The company produced about 1,000 movies before it ceased operations in 1987.

Shaw steps down at the end of the year and will be replaced by 71-year-old vice-chair Norman Leung.

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