Hong Kong declines Asia Television licence renewal
DetailsRebecca Hawkes | 02 April 2015
Asia Television (ATV) will cease to operate in April 2016, after the Hong Kong cabinet refused to renew the troubled free-to-air (FTA) broadcaster's licence.
ATV failed to provide a restructuring plan that satisfied the government within the deadline set, said Hong Kong's Commerce Secretary Gregory So.
ATV was Hong Kong's first Chinese language broadcaster. It had been seeking investors after struggling to attract advertisers and failing to pay its staff.
This is the first time that Hong Kong has failed to renew a broadcast licence, So told reporters.
During the meeting on 1 April, however, the city's cabinet granted a 12-year broadcasting licence to a division of PCCW, which received preliminary approval in 2013 for a free TV service, So added.