The PCCW Internet portal Now.com.hk doubled its subscribers to 130,000 after this year's relaunch as a subscription based service.
With 90 per cent of users paying a monthly subscription of HK$30, the Richard Li Tzar-kai's content arm is one of the top local portals in terms of revenue, despite making losses.
PCCW vice-president of Internet operations Monita Leung Hoi-yi said Now.com had been adding almost 10,000 subscribers a month since the beginning of the year, when it began to charge its users for content access. In January it had between 50,000 and 60,000 paid subscribers.
'Our growth in subscribers showed that they are getting used to finding entertainment on their computers,' Ms Leung said.
'It is such a powerful medium, and we know success is just a matter of time.'
Mr Li spent a long time searching for a successful medium to create investment value after he sold Star TV to News Corp's Rupert Murdoch in the mid 1990s.
When his technology flagship - then Pacific Century CyberWorks - came on the Hong Kong stock market in 1999, he quickly established a joint venture with Intel with the hope of catching the media convergence trend in Asia.