Asia Television Limited | South China Morning Post
  • Wed
  • Apr 1, 2015
  • Updated: 9:09am

Asia Television Limited

Asia Television Limited is one of the two free television broadcasters in Hong Kong. It was established in 1957, the first Chinese television station in the world. However, ATV was surpassed by its major rival Television Broadcasts Limited both in terms of company size and viewership. ATV’s reputation was badly damaged after its false report of former leader Jiang Zemin’s death on July 6, 2011. 

Shock as HKTV boss Ricky Wong ‘agrees to buy beleaguered rival ATV’

Shock as HKTV boss Ricky Wong ‘agrees to buy beleaguered rival ATV’

Struggling free-to-air broadcaster ATV dropped a bombshell yesterday, announcing that major investor and de facto boss Wong Ching had agreed to sell his controlling stake to HKTVs maverick chief, Ricky Wong Wai-kay.

Wednesday, 1 April, 2015, 7:34am 10 comments

Wong Ching, the leading man in ATV's sorry drama

Illustration: Lau Ka-kuen

"Long Live ATV" was the slogan Wong Ching chanted at his press conference when he took over Asia Television in 2010.

It would turn out to be reversely prophetic over the next five years, as the broadcaster found itself on the verge of collapse with the previously unknown 51-year-old mainland businessman at the helm.

30 Mar 2015 - 4:54am 2 comments

Ex-ATV boss Deacon Chiu wanted to fork out cash for staff, son says

Memories of Deacon Chiu Te-ken at the funeral. Photo: Dickson Lee

Former ATV owner Deacon Chiu Te-ken considered making a personal donation to staff of the beleaguered broadcaster who went without pay at Christmas, the late tycoon's son said at his funeral.

29 Mar 2015 - 5:23am 8 comments

Turn off ATV and turn on HKTV

Kill ATV now and give the licence to HKTV.

Asia Television does not deserve to live. It's been airing re-runs; its news service staff are badly demoralised and many have left; it has had troubles paying employees and licence fees; and an unnamed white knight has baulked at the absurd HK$700 million price tag major shareholder Wong Ching is demanding.

28 Mar 2015 - 6:55am 14 comments

New confusion over fate of Hong Kong broadcaster ATV as investor says closure is not imminent

Wong Ching told Caixin magazine that ATV would be doomed without a "miracle". Photo: K. Y. Cheng

Confusion over the future of beleaguered broadcaster ATV deepened, as its major investor said talks with three potential buyers were continuing, ruled out closing the station this month and named a mainland property firm as one bidder.

28 Mar 2015 - 4:39am

ATV sale talks still going on as major shareholder wrangles over HK$200m

ATV spoke up on the Caixin report last night, saying Wong had never said its days were numbered. It also denied owing him HK$1.8 billion. Photo: Sam Tsang

Last-ditch negotiations to save cash-strapped broadcaster ATV from collapse are still in progress, with the sticking point being a difference of HK$200 million between the offer and asking price, it has emerged.

27 Mar 2015 - 9:42am 7 comments

Broadcaster ATV doomed ‘to shut down within next few days’, major investor says

ATV has struggled to pay staff salaries and its licence fee. Photo: Sam Tsang

Troubled broadcaster Asia Television could shut down within the next few days, its major investor said, after a “white knight” investor failed to come to its rescue.

26 Mar 2015 - 11:31pm 7 comments

Hong Kong heavyweights plan final send-off for former ATV boss Deacon Chiu

Deacon Chiu became famous when he bought Rediffusion Television and renamed it Asia Television in 1982. Photo: Wan Kam-yan

A group comprising Hong Kong’s three chief executives, members of the political elite and several tycoons has been formed to plan the funeral of media entrepreneur Deacon Chiu.

24 Mar 2015 - 10:32pm 2 comments

One ATV investor battles another for HK$50 million

One ATV investor battles another for HK$50 million

ATV is slipping into another legal row, this time launched by a major shareholder in an attempt to secure at least HK$50 million in interest from bonds issued by the embattled broadcaster, a High Court writ shows.

26 Mar 2015 - 9:27pm

Former ATV boss Deacon Chiu dies, aged 90

Former ATV boss Deacon Chiu, pictured in 1988. Photo: SCMP Pictures

Hong Kong tycoon Deacon Chiu Te-ken - noted as the only owner ever to turn perennially troubled broadcaster ATV into a profitable venture - died at the age of 90.

18 Mar 2015 - 4:11pm 4 comments

Troubled broadcaster ATV finally pays employees after selling farmland

The free broadcaster hadn't paid its staff in December and January, until today. Photo: Sam Tsang

Cash-strapped Hong Kong broadcaster ATV said on Wednesday it had finally paid its staff outstanding wages, and was on course to meet a deadline to pay its television licence fee.

20 Feb 2015 - 7:19pm 9 comments

Troubled ATV raises HK$10m from farmland sale as staff wait to learn if they'll be paid

Ip Ka-po said all parties wanted the crisis to be resolved as soon as possible. Photo: Sam Tsang

Troubled broadcaster ATV raised HK$10 million yesterday from the sale of farmland - as 600 employees waited to hear whether they will receive their unpaid January salaries before the Lunar New Year.

18 Feb 2015 - 12:00am 6 comments

Labour secretary warns ATV of tribunal over unpaid staff salaries

Labour secretary Matthew Cheung said the government would help employees pursue claims at the Labour Tribunal. Photo: Nora Tam

Labour secretary Matthew Cheung Kin-chung warned major shareholders of beleaguered ATV to pay their staff, adding that the government would help employees pursue claims at the Labour Tribunal.

16 Feb 2015 - 4:33am

Embattled broadcaster ATV hit with HK$380,000 fine over unpaid salaries

Ip Ka-po's case was adjourned until February 26. Photo: Chris Lau

Cash-strapped Asia Television was dealt another financial blow this morning after it was slapped with a HK$380,000 fine at Sha Tin court.

14 Feb 2015 - 12:38am 8 comments

ATV English-language news team threatens blackout over unpaid salaries

ATV faces a struggle for survival. Photo: Sam Tsang

Journalists at cash-strapped Asia Television have warned their employers they will stop English-language news broadcasts after today if they do not receive the wages they are owed.

13 Feb 2015 - 3:58pm 10 comments