The major activities of TVB are television broadcasting, programme production and other broadcasting related activities such as programme licensing, video distribution and satellite broadcasting etc. It transmits over 17,000 hours of programming on its Chinese Jade channel and English Pearl channel free of charge to 2.34 million homes in Hong Kong. It is one of the largest producers of Chinese language programming in the world. Many of the Chinese programmes are dubbed into other languages and are distributed to more than 40 countries and cities, accessible to over 300 million households.
During the prime time viewing hours, the Chinese Jade Channel and English Pearl Channel achieve a remarkable average of 87% and 80% of Hong Kong’s television audience share respectively.
To cope with future development, the Company invested HK$2.2 billion in the construction of a new state-of-the-art TVB City in Tseung Kwan O Industrial Estate. The management and production facilities, with a building area of over 110,000 sq metres, 30% more than the TV City at Clear Water Bay Road, came into full operation in October 2003. There are two outdoor shooting locations and 22 production studios in TVB City. The new TVB City is fully digitized to enhance its services to the public.
On 31 December 2007, TVB officially launched its 24-hour HD channel, HD Jade, providing diverse and brand new audio/visual entertainment in the digital era. In addition to the simulcast of digital Jade and Pearl channel, TVB started operating J2 and iNews digital channels in June 2008 and January 2009 respectively.
The Company has always been striving for excellence in serving the people of Hong