Brief: Television Broadcasts Restructures TV Broadcasting And E-Commerce Businesses
27/11/2023 10:19
Nov 27 (Reuters) - Television Broadcasts Ltd 0511.HK :
* IS RESTRUCTURING ITS TV BROADCASTING AND E-COMMERCE
BUSINESSES
* EXPECT TO SAVE A FURTHER HK$100 MILLION IN CONTENT COST IN
2024
* WILL REDUCE HEADCOUNT IN THIS BUSINESS UNIT BY OVER 200
STAFF IN
2024
* RESTRUCTURING CHANNELS & PROGRAMS THROUGH MERGE CONTENTS
OF OUR
J2 AND FSI CHANNELS TO CREATE NEW TVB+ CHANNEL, AMONG OTHERS
Further company coverage: 0511.HK
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