Hong Kong Communication Industry Employees Association holds a protest outside TVB City building in Tseung Kwan O on December 17, 2019. Photo: Dickson Lee
TVB chairman plans to sell stake in broadcaster, step down from board next month
- Chairman Charles Chan Kwok-keung unveils plan to sell his interest in Young Lion, which controls 26 per cent stake in free-to-air broadcaster TVB
- Shareholding changes come amid plans by TVB to lay off staff to counter recession, falling revenue
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Television Broadcasts (TVB)
Hong Kong Communication Industry Employees Association holds a protest outside TVB City building in Tseung Kwan O on December 17, 2019. Photo: Dickson Lee