TVB’s headquarters in Tseung Kwan O. Photo: Sam Tsang TVB’s headquarters in Tseung Kwan O. Photo: Sam Tsang
TVB’s headquarters in Tseung Kwan O. Photo: Sam Tsang

Hong Kong broadcaster TVB sees losses widen in 2019 as protests hit advertising revenue, warns worse to come as coronavirus takes toll

  • The free-to-air broadcaster posted a net loss of HK$295 million (US$38 million) for 2019, compared with HK$199 million the previous year
  • TVB said advertising income plunged 22 per cent to HK$1.9 billion in 2019, mainly due to a decline in the second half when the city was gripped by social unrest

Topic |   Coronavirus pandemic
TVB’s headquarters in Tseung Kwan O. Photo: Sam Tsang TVB’s headquarters in Tseung Kwan O. Photo: Sam Tsang
TVB’s headquarters in Tseung Kwan O. Photo: Sam Tsang
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