Commercial Radio has been heavily criticised for letting political parties 'interfere' with its editorial independence by allowing them to buy airtime, and letting the pro-government Democratic Alliance for the Betterment and Progress of Hong Kong sponsor programming.
Not only has it stirred public debate, it has also caused internal discontent. But the critics have got the wrong end of the stick; it has nothing to do with editorial independence.
By allowing Democratic Party vice-chair and legislator Emily Lau Wai-hing to buy airtime - to rally public support to join last Sunday's march for universal suffrage - the station made another mistake while trying to cover up the first.
We know it was just a business decision, but the fundamental issue is not about whether we should allow political advertising.
It's about abiding by the law and following the broadcasting code of practice.
The radio frequency spectrum is limited in Hong Kong and, because the airwaves are public assets, their use is regulated under the Broadcasting Authority ordinance.