our BUSINESS at a glance

Grow market share in Hong Kong’s advertising market with one-stop solution Expand global footprints by adding co-production, movies and US drama slate

SEGMENT BUSINESS MODEL PRODUCTS/BRAND MARKET GROUP’S INTERESTS

Hong Kong TV Free-to-air TV broadcasting Terrestrial channels (Jade, J2, Hong Kong and 100% Broadcasting of five terrestrial TV TVB News, Pearl, TVB Finance Mainland China channels, each with & Information) clear audience targets in return for advertising and production revenue. Co-production of dramas with Chinese online operators.

Hong Kong Digital Operation of myTV SUPER myTV SUPER, www..com and a Hong Kong 100% New Media Over-the-top (OTT) service range of mobile apps and website portals

Big Big Channel Operation of online social ; and Voice Hong Kong 100% Business media platform, Big Entertainment Big Channel, and music entertainment

Other Activities Investment in Magazine publication (TVB Hong Kong and • Publication: 100% complementary businesses Weekly); movie investment (Shaw United States • Movie investment: 5-12% Brothers Holdings, Flagship (effective) Entertainment); US drama slate • US TV drama production: 50% (Imagine Tiger Television)

Programme Licensing of TVB produced TVB programmes and channels (in Key markets • Licensing and distribution: Licensing and channels and programmes Cantonese or dubbed soundtracks) • Malaysia 100% Distribution to TV operators for • Singapore • Mainland China: 55% exhibition on pay TV • Mainland China services and online • Canada • Vietnam

Overseas Subscription pay TV service • TVB channels bundled with • North America 100% Operations – OTT DISH Network offerings in • Australia and Pay TV North America (USA) • Europe • OTT TV service “TVB Anywhere” • Rest of the world

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

Television Broadcasts Limited (TVB; stock code: 00511) commenced business in 1967 and was listed on the Stock Exchange of Hong Kong Limited in 1984. TVB is the first wireless commercial television station in Hong Kong, and is the leading free-to-air TV broadcaster in Hong Kong with 83% audience share. It is also one of the largest commercial Chinese programme producers in the world. Its vertically integrated business model encompasses production, broadcasting and distribution. TVB generates over 70% of its group revenue in Hong Kong, with the balance from the rest of the world through licensing and subscription businesses.

Television Broadcasts Limited Annual Report 2017 17