• Sun
  • Aug 24, 2014
  • Updated: 2:09am

Next Media

Next Media was founded by high profile businessman Jimmy Lai, known for his support for democracy and criticism of China. It introduced tabloid-style journalism into Hong Kong and Taiwan, with the hugely successful Apple Daily. The group made a rare misstep by entering Taiwan’s saturated broadcasting market. In October 2012 it agreed to sell its loss-making Taiwan TV unit and to terminate its video-on-demand (VOD) services, but the deal fell through in March 2013.

Angry TVB bans Next Media publications from station events

TVB has banned Next Media from its press conferences and promotional events because of its "biased reports" on the free-to-air TV licence saga and the station's anniversary gala. 

Friday, 22 November, 2013, 6:38am

Police find car used in Apple Daily arson attack

Police say they have found the vehicle connected with the latest arson attack targeting Apple Daily, in which thousands of copies of the newspaper were set on fire in Central.

2 Jul 2013 - 4:46am

Next Media dangles HK$1m carrot to hunt down attackers

Next Media is offering HK$1 million to track down the assailants and mastermind behind a recent series of attacks believed to be targeted at the news group. Group chairman Jimmy Lai Chee-ying yesterday said he and his group would not be scared off by such "childish acts".

1 Jul 2013 - 4:05am 1 comment

Next Media heats up newspaper competition

As the dust settled on the sale of Next Media's loss-making television business in Taiwan last month, its boss, Jimmy Lai Chee-ying, promised to focus on the print business, a move that looks set to intensify competition in the industry.

20 May 2013 - 8:24am

Earnings alerts paint grim picture for Hong Kong-listed firms

Hong Kong-listed companies have issued almost 50 warnings over the past month about substantial profit declines or losses as the mainland economic recovery continues to look shaky.

16 May 2013 - 4:12am 1 comment

Next Media warns of 'substantially' bigger loss

The group, controlled by Jimmy Lai Chee-ying, reported losses of HK$188.63 million in the fiscal year to the end of March 2012, and a deficit of HK$19.73 million in 2011. Based on its results for continuing operations, this loss was HK$973 million for the 2012 fiscal year, against a profit of HK$9.6 million in 2011.

7 May 2013 - 3:56am

What's down the track for Next?

After the ill-fated attempt to sell its profitable print business in Taiwan, a big question mark hangs over how Next Media, the media empire controlled by Hong Kong mogul Jimmy Lai Chee-ying, will sustain itself.

13 Apr 2013 - 4:51am

Next Media falls 26pc as trading resumes following Taiwan debacle

Shares in Next Media, controlled by tycoon Jimmy Lai Chee-ying, closed at HK$1.17 on March 25, the day before the trading halt started, pending an announcement about the sale.

3 Apr 2013 - 5:10am

Lai vows to keep Taiwan print empire

Hong Kong media magnate Jimmy Lai Chee-ying yesterday said he would continue to run his print empire in Taiwan now that a NT$17.5 billion (HK$4.55 billion) deal to sell Next Media's combined print and TV assets on the island has fallen through.

28 Mar 2013 - 4:46am

Next's sale of Taiwan print arm collapses

Next Media's sale of its Taiwanese print business has fallen through a day before the deadline, but the sale of its television operation continues, a spokesman said yesterday.

27 Mar 2013 - 4:50am

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