PCCW Sets Up Production Fund

Cash pool to boost content for new free-TV channel

Hong Kong telecoms and pay-TV group PCCW is to set up a HK$300 million ($39 million) Independent Productions Fund that will acquire content for its channels.

PCCW subsidiary HK Television Entertainment was one of two companies to be granted new free-TV licenses in the controversial recent bidding process.

“Our total investment plan across the first six years of operations is estimated to be over HK$1.3 billion ($168 million), a substantial part of which will be invested in programming and production. In addition to our own productions, we have set aside a pool of funds to be accessed by local creative talents,” the company said in a statement.

Programing selection criteria “will be based upon originality, creativity, production and content quality, and viability of the proposal. Quality programming of all scale and genres will be considered” PCCW said.

“PCCW has already been in discussion with certain partners on proposals for reality programs, series by renowned directors, refreshing romantic stories, documentaries and talk shows. It is anticipated that several proposals can be confirmed before the end of this year,” it continued.

More Biz

  • Prince Harry and Meghan MarkleThe wedding

    How Oprah, Ava DuVernay and Reese Witherspoon Celebrate the Royal Wedding

    Hong Kong telecoms and pay-TV group PCCW is to set up a HK$300 million ($39 million) Independent Productions Fund that will acquire content for its channels. PCCW subsidiary HK Television Entertainment was one of two companies to be granted new free-TV licenses in the controversial recent bidding process. “Our total investment plan across the first […]

  • Prince Harry and Meghan MarkleThe wedding

    Watch the Gospel Choir's Rendition of 'Stand By Me' at the Royal Wedding

    Hong Kong telecoms and pay-TV group PCCW is to set up a HK$300 million ($39 million) Independent Productions Fund that will acquire content for its channels. PCCW subsidiary HK Television Entertainment was one of two companies to be granted new free-TV licenses in the controversial recent bidding process. “Our total investment plan across the first […]

  • Prince Harry and Meghan MarkleThe wedding

    Prince Harry Marries U.S. Actress Meghan Markle

    Hong Kong telecoms and pay-TV group PCCW is to set up a HK$300 million ($39 million) Independent Productions Fund that will acquire content for its channels. PCCW subsidiary HK Television Entertainment was one of two companies to be granted new free-TV licenses in the controversial recent bidding process. “Our total investment plan across the first […]

  • Prince Harry and Meghan MarkleThe wedding

    Thousands Descend on Windsor for Wedding of Prince Harry and Meghan Markle

    Hong Kong telecoms and pay-TV group PCCW is to set up a HK$300 million ($39 million) Independent Productions Fund that will acquire content for its channels. PCCW subsidiary HK Television Entertainment was one of two companies to be granted new free-TV licenses in the controversial recent bidding process. “Our total investment plan across the first […]

  • Andrea Tantaros sues Fox News

    Judge Dismisses Andrea Tantaros Wiretapping Suit Against Fox News

    Hong Kong telecoms and pay-TV group PCCW is to set up a HK$300 million ($39 million) Independent Productions Fund that will acquire content for its channels. PCCW subsidiary HK Television Entertainment was one of two companies to be granted new free-TV licenses in the controversial recent bidding process. “Our total investment plan across the first […]

  • India's Bollywood Biz Fuels Film Production

    Business From India Fuels Growth of Film Biz in Abu Dhabi

    Hong Kong telecoms and pay-TV group PCCW is to set up a HK$300 million ($39 million) Independent Productions Fund that will acquire content for its channels. PCCW subsidiary HK Television Entertainment was one of two companies to be granted new free-TV licenses in the controversial recent bidding process. “Our total investment plan across the first […]

More From Our Brands

Access exclusive content