Hong Kong to liberalise rules for cross-media ownership in first major broadcasting policy change in 17 years

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Cross-media ownership rules in Hong Kong will finally be liberalised under proposed changes to broadcasting regulations widely viewed as outdated since they have remained unchanged for 17 years.

If the suggested changes, laid out in a public consultation document released on Tuesday by the government, are approved by the Legislative Council, newspaper owners, advertising agencies and other media companies will be able to get into the free TV, pay TV or radio broadcasting business.

They had previously been banned from cross-media holdings to avoid editorial uniformity and a potential industry monopoly, but a rapidly changing media landscape and technological advances have prompted a total rethink.

Read more at SCMP