Television Broadcasts Limited (0511.HK)

3.490 +0.100 (+2.95%) At close: 04:08PM HKT

Television Broadcasts Limited

TVB City
77 Chun Choi Street Tseung Kwan O Industrial Estate
Kowloon
Hong Kong
852 2335 2288
https://www.corporate.tvb.com

Sector(s): Communication Services
Industry: Broadcasting
Full-time employees: 3,496

Key executives

Name	Title	Pay	Exercised	Year born
Mr. To Hui	Executive Chairman	880k	N/A	1972
Mr. Hock Lye Lee	Acting CFO & Head of Corporate Development	N/A	N/A	1973
Winnie W. Fan	Head of Investor Relations	N/A	N/A	N/A
Mr. Shu Hung Chan	Deputy General Manager of Legal & International Operations	N/A	N/A	1968

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in HKD.

Description

Television Broadcasts Limited, together with its subsidiaries, engages in terrestrial television broadcasting, program production, and other television-related activities. It operates through Hong Kong TV Broadcasting; Over-The-Top (OTT) Streaming; e-Commerce Business; Mainland China Operations; and International Operations segments. The Hong Kong TV Broadcasting segment is involved in the broadcasting of television programmes and commercials on terrestrial TV platforms; production of programmes; operation of online social media platform; and music entertainment, and event and digital marketing activities. The OTT Streaming segment offers OTT services; and operates website portals. The e-Commerce Business segment operates e-Commerce platforms under the names Ztore, Neigbuy, and Big Big. The Mainland China Operations segment co-produces dramas; and distributes television programmes and channels to telecast, video, and media operators in Mainland China. The International Operations segment offers pay television and OTT services to subscribers; and distributes television programs and channels to telecast, video, and media operators in Malaysia, Singapore, and internationally. The company also produces motion pictures for theatrical release and distribution; and produces, sells, and licenses musical works and sound recordings. In addition, it provides artistes consultancy, management, and agency services; programme licensing services; programmes and marketing materials; film licensing and distribution services; agency services on design, production, and exhibition of advertisements, as well as film rights and management services; cultural and art development, software and IT, dealership, and corporate finance services; and satellite and subscription television programs. Further, the company engages in digital new media and trading; online sale of groceries; and property investment activities. The company was incorporated in 1965 and is based in Kowloon, Hong Kong.

Corporate governance

Television Broadcasts Limited’s ISS governance QualityScore as of 29 April 2024 is 10. The pillar scores are Audit: 9; Board: 9; Shareholder rights: 4; Compensation: 9.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.