Hong Kong's embattled Asia Television (ATV) shut down midnight Friday, ending its 59 years of broadcasting service.
Hong Kongers began paying final tributes to the city’s oldest broadcaster, Friday as Asia Television ATV, prepares to fade to black at the stroke of midnight, after 58 years.
Sony Corp said it signed an agreement with Michael Jackson's estate to buy for $750 million the deceased pop star's stake in Sony/ATV Music Publishing
A senior employee at embattled broadcaster ATV said the company was now focusing on designing an internet platform to allow it to stay afloat even after its free-to-air broadcasting licence expires on April 1, as some 160 staff were struggling to keep operations going.
Cash-strapped Asia Television (ATV) has received two offers to provide up to HK$800 million in two days after a fourth mainland firm announced a bid to help save the city’s oldest television station just weeks away from its final free-to-air broadcast.
China Culture Media Group (CCM) Tuesday submitted a plea to the High Court to strip Deloitte's of its role of provisional liquidator of the cash-strapped ATV.
Federation of Trade Unions lawmaker Bill Tang Ka-piu will be meeting laid-off ATV staffers this week in the hopes of helping them access more than two months’ unpaid dues through the Protection of Wages on Insolvency Fund.
Speaking on sidelines of annual Chinese People’s Political Consultative Conference session in Beijing, station’s former chief executive and director say they don’t know how situation got so dire
Roughly 300 ATV employees will lose their jobs while another 130 jobs and the station’s final March 31 edition of the Miss Asia Pageant hang in the balance — as financiers seek to hammer out an acceptable agreement with provisional liquidator Deloitte.