TVB says first-half ad revenue falls due to virus

Business | 27 May 2020 6:27 pm

Television Broadcasts (0511) chief executive Mark Lee Po-on said TVB's advertising revenue fell in the first half due to the coronavirus outbreak.

Lee said netizens urging brands to boycott TVB has a limited impact on its advertising revenue as the company has a market share of 85 percent in the local advertising market.

Lee said TVB has no lay-off plans.

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