The Chief Executive in Council approved today the renewal of Hong Kong Cable Television’s pay TV licence for 12 years from June 1 next year.
Cable TV has committed to a six-year investment plan of $3.447 billion for 2017 to 2023, comprising $251 million in capital investment and $3.196 billion in programming investment.
It has also pledged to provide subtitling in its news, movies and pre-recorded entertainment programmes, and to further improve service termination practices and complaint handling procedures.
The Commerce & Economic Development Bureau said the licence conditions in Cable TV’s renewed licence are largely based on its existing licence, incorporating new commitments and updates.
The CE in Council also approved removing from Cable TV’s renewed licence the condition that requires the broadcaster to provide up to three channels for government use.
The requirement was first imposed when Cable TV was given the exclusive right to provide subscription television services in 1993.
The CE in Council agreed there is no need to keep the licence condition.