TVB's GM Cheng Sin Keung attended an awards ceremony yesterday and was asked about charging for the myTV service on TVB's official website (tvb.com). Mr. Cheng expressed: "It's not charging. It is misleading to use 'myTV', we will just be launching a new service. Basically similar to the previous video renting era. Because we currently lack channels for audience to catch classic series, so this new method can be a convenience for audience to watch the series on their phones or computer in the form of P2P. We will just start by serving the Hong Kong audience first." Mr. Cheng reveals the earliest launch of this new method to watch series will be early next year (2013). He is not worried this may affect the current PayVision channel. TVB just hopes to offer more choices to audience. This is not because there is not enough profit earned from the local commercials, that the company has to seek a new source of revenue.
As for the government's issue of three free-to-air TV licenses, ATV has already declared for a judicial review. TVB Group GM (Lee Bo On) also expressed a few days ago at the Director's meeting his consideration to take legal action on behalf of the company. Mr. Cheng expressed: "We don't have a concrete plan. We are just reacting on the situation to the government and hope the government will cautiously make considerations on the license issue arrangements."
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