BUSINESS AT A GLANCE

BUSINESS BUSINESS MODEL PRODUCTS/BRAND MARKET GROUP’S INTERESTS

TV Broadcasting Free-to-air TV broadcasting Digital channels (Jade, J2, Pearl, • Hong Kong 100% through terrestrial TV iNews and J5) and analog • Macau network and programme channels (Jade and Pearl) production in Hong Kong generating advertising revenue

Digital New Monetisation of content myTV SUPER, www..com and • Hong Kong 100% Media through online and mobile a range of mobile apps (myTV, • Macau devices TVB fun, GOTV, TVB News, TVB Finance, TVB Zone, E news and myEPG)

Pay TV Subscription pay TV service TVB Network Vision – service Hong Kong • Economic interest: 90% offering includes 13 thematic • Voting interest: 15% pay-TV channels

Other Activities Investment in Publishes a weekly magazine TVB • Hong Kong • Publication: 73.68% complementary business Weekly; music entertainment; and • Mainland China • Music entertainment: 100% segments property investment • Taiwan • Property investment: 100%

Movie Movie investment and Flagship Entertainment Group Global • Flagship Entertainment Group: movie production 5% (effective) Shaw Brothers Pictures • Shaw Brothers Pictures: 100%

Programme Licensing and distribution TVB programmes and channels (in Key markets • Licensing and distribution: 100% Licensing and of TVB produced channels Cantonese or dubbed soundtracks) • Malaysia • Mainland China: 55% Distribution and programmes for • Singapore traditional and online • Mainland China distribution Other territories • Canada • Vietnam

Overseas Pay TV Subscription pay TV service • TVB channels bundled with • North America (USA) 100% Operations DISH Network offerings in North • Australia America (USA) • Europe • Satellite TV service in Australia

• OTT TV service “TVB Anywhere” (Australia and Europe)

Channel Production and operation TVB8 and Xing He channels Key markets 100% Operations of two satellite TV channels • Mainland China • Malaysia • Singapore

Taiwan Operations A key pay-TV operator of Operates three pay channels • Taiwan • 100% up to May 2015 (Discontinued as channel broadcasting in (TVBS, TVBS News and TVBS • 47% up to March 2016 from March 2016) Taiwan Entertainment) in Taiwan and • 0% after Mach 2016 produces content

Television Broadcasts Limited (00511): Founded in 1967 and being the first wireless commercial television station in Hong Kong, TVB is now one of the free-to-air TV broadcasters in Hong Kong and one of the largest commercial Chinese programme producers in the world. It owns five free-to-air channels – Jade, J2, HD Jade (renamed as J5), iNews (Cantonese) and Pearl (English), and 13 pay TV channels. TVB generates over half of its total revenue in Hong Kong, with the balance from the rest of the world through licensing and subscription businesses. TVB was listed on The Stock Exchange of Hong Kong Limited in 1984.

6 Television Broadcasts Limited Annual Report 2015