Time Warner's Turner Asia Pacific and Hong Kong telecoms giant PCCW have set up a partnership with Korean TV network MBC.
Ricky Wong, the Hong Kong businessman whose Hong Kong Television Network, was surprisingly denied a free-to-air TV license in October says he will launch five new channels via the internet.
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.
The Hong Kong government on Monday attempted to explain its controversial recent decision to only grant two new TV licenses – and to reject the bid from Ricky Wong's Hong Kong Television…
New free-TV licenses were awarded to Hong Kong's two pay-TV platform operators. But the company which has been doing the most to break into the sector was denied a permit.