Tom Group, the media business of Hutchison Whampoa, is undergoing a corporate restructuring but there are no plans to sell or spin off any units in the next two or three years, according to chief executive Tommei Tong Mei-kuen. Ms Tong also said that just because Tom Online was being privatised, it did not mean key shareholders were planning the same for Tom Group. 'We need to strengthen our business units before we take any steps towards a shake-up in corporate structure,' Ms Tong said, adding that various business divisions in the group such as internet, publishing, outdoor media and television would be working together more closely on different projects. Investors have criticised Tom Group for having a confused business model and lack of synergy. Ms Tong admitted that the structure might need to change to face up to the challenge of the internet, adding: 'We should be more focused and streamline our operations so that investors are clear about what our business is. We need to position Tom as a media conglomerate with strength in internet and publishing.' Since the restructuring began, Tom Group has quit sport marketing where the business was the organising rights of the China Open tennis tournament in Beijing with local partner Beijing Youth Daily. Tom Group's internet and publishing divisions are the core revenue earners, while the company is seeking a strong turnaround in its outdoor media division this year. The group's publishing unit will explore online distribution opportunities. Cite Publishers, Tom's Taiwan publishing arm, bought Pixnet Digital Media, an online social networking portal, last month. This will pave the way for digital distribution of Cite's publications. 'Advertising revenue in our Taiwanese magazines has come under pressure from the internet,' Ms Tong said, adding that the firm would introduce computer and family-related content on Pixnet's portal to attract new readers. Pixnet will merge with Cite's Gamebase website, a discussion forum for online gamers, to make it one of the top 10 websites in Taiwan by traffic, she said. Cite's book publishing business rose 10 per cent in the first three months this year. Ms Tong said the unit would focus on boosting profitability by gradually cutting the number of titles published each year from 2,000 in 2005 to about 1,200 next year.