Television Broadcasts Limited

What Television Broadcasts Limited does

Television Broadcasts Limited (TVB), founded in 1967 and listed on the Hong Kong Stock Exchange (stock code 0511), is Hong Kong's dominant free-to-air commercial broadcaster, operating four terrestrial channels (TVB Jade, TVB Pearl, J5, and News Channel) that collectively hold a 79% audience share and reach 4.9 million weekly in-home viewers. The company runs a multi-platform media portfolio spanning traditional broadcasting, digital OTT (myTV SUPER with 11,000+ hours of VOD launched in 2016), global streaming for overseas Chinese audiences (TVB Anywhere and TVBAnywhere+ across 11 countries/regions), artiste-fan social media (Big Big Channel), and e-commerce (Big Big Shop with distribution via Lazada, Taobao, and Circle K). Production is centralized at TVB City, a HK$2.2 billion facility in Tseung Kwan O Industrial Estate, Kowloon, supported by international distribution through wholly-owned subsidiary TVBI Company Limited and Mainland China operations through the 55%-owned TVBC joint venture with Shanghai Media Group and China Media Capital.

TVB's revenue model is diversified across four primary streams: (1) advertising on terrestrial and digital platforms, which grew 15% year-over-year in FY2025; (2) content licensing and distribution to platforms including Youku, iQiyi, Tencent Video, and Huawei Video; (3) subscription revenue from TVB Anywhere+ and myTV SUPER OTT services; and (4) e-commerce transaction revenue from Big Big Shop. The go-to-market is primarily sales-led, with enterprise field sales targeting advertisers and brand partners, supplemented by event-driven marketing through the annual MarketingPulse forum and channel partnerships with regional telcos (StarHub, SingTel, Astro) for international distribution. For FY2025, TVB reported total revenue of HK$3.19 billion (US$406 million) and net profit of HK$59 million (US$7.5 million), marking its return to profitability after a seven-year streak of annual losses, driven by a threefold increase in Greater Bay Area revenue.

Name

Television Broadcasts Limited

Legal name

Television Broadcasts Limited

Website

https://corporate.tvb.com

Company type

Public

Founded year

1967

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Television Broadcasts Limited (TVB) is Hong Kong's dominant free-to-air broadcaster, operating four terrestrial channels with 79% audience share, complemented by OTT (myTV SUPER, TVB Anywhere+), social media, and e-commerce platforms serving advertisers, brand partners, and global Chinese-speaking audiences.

Ownership category

akta.pro rank

Product category

Television Broadcasting

NAICS

Television Broadcasting Stations (516120), Television Broadcasting Stations (51612), Radio and Television Broadcasting Stations (5161), Media Streaming Distribution Services, Social Networks, and Other Media Networks and Content Providers (5162), Media Streaming Distribution Services, Social Networks, and Other Media Networks and Content Providers (516210), Motion Picture and Video Distribution (512120), Satellite Telecommunications (517410)

SIC

Television Broadcasting Stations (4833), Cable & Other Pay Television Services (4841), Services-Motion Picture & Video Tape Distribution (7822), Services-Motion Picture & Video Tape Production (7812)

akta.pro primary industry

National General-Entertainment Broadcast Networks (MPABAAAA)

akta.pro secondary industries

International TV Broadcasters (Free-to-Air/Satellite/Cable) (MPABAEAJ), International TV Program Distribution (Sales/Output Deals) (MPABAMAD), General Entertainment Cable Networks (MPABAFAA)

Keywords

• Free-to-air broadcasting
• OTT streaming services
• Chinese drama production
• Content licensing distribution
• Television advertising sales

Headquarters

HQ city

Kowloon City

HQ country

Hong Kong SAR China

HQ region

Asia

Offices7 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Revenue model

1. Advertising Revenue: Primary revenue stream from advertising on TVB's terrestrial channels including J5, News, Pearl, and Jade. The channels offer premium access to Hong Kong audiences with strong viewership metrics, with terrestrial advertising showing 15% year-over-year growth.
2. Content Licensing and Distribution: Revenue from licensing TVB's drama series and entertainment content to third-party platforms and broadcasters in Mainland China and international markets through arrangements with partners like Youku, iQiyi, Tencent Video, and TVBI's international channel operations.
3. Digital Subscription Services: Subscription revenue from OTT services including TVB Anywhere+ (SVOD paid service) offering premium content to overseas audiences, and myTV SUPER's digital content offerings.
4. E-commerce: Revenue from e-commerce operations including Big Big Shop, partnerships with Lazada and Taobao, and collaborations with Circle K convenience stores and HKBN Group's HOME+ platform.

Go-to-market motion3 records

Distribution channels6 records

Marketing channels4 records

Core offering

Television Broadcasts Limited (TVB) produces and broadcasts Chinese-language television content through four free-to-air terrestrial channels in Hong Kong (Jade, Pearl, J5, News), reaching 4.9 million weekly viewers at 79% market share. The company extends its offering through digital platforms including myTV SUPER (OTT streaming), TVB Anywhere+ (international streaming in 11 countries), Big Big Channel (artiste social engagement), and Big Big Shop (e-commerce), while distributing content globally via TVBI and licensing to Mainland China platforms through the TVBC joint venture.

Product overview

Television Broadcasts Limited (TVB) is Hong Kong's dominant free-to-air broadcaster operating a multi-platform media portfolio. The core offering consists of five free-to-air terrestrial channels maintaining 79% market share in Hong Kong. The digital extension includes myTV SUPER (OTT streaming with 11,000+ hours VOD), TVB Anywhere and TVBAnywhere+ (global streaming for overseas Chinese audiences), Big Big Channel (artiste-viewer interaction platform), and Big Big Shop (e-commerce). International operations are managed through TVBI, while mainland China operations run through TVBC joint venture. The Group CTO oversees technology development across all platforms.

Differentiator

Problem solved

Functional benefit

Brands

• TVB Anywhere: Official overseas OTT platform carrying in-house TVB channels including TVB Jade, TVB News Channel, TVB Finance & Information Channel, Entertainment News, TVB Xing Xe and Asian Action Channel, with on-demand services
• myTV SUPER
• TVBAnywhere+
• Big Big Channel
• Big Big Shop
• TVBC
• TVBI

Products and services

• TVB Free-to-Air Channels Four free-to-air self-produced terrestrial television channels (TVB Jade, TVB Pearl, J5, News Channel) broadcast to Hong Kong households, maintaining 79% audience share with 4.9 million weekly in-home viewers. Channels offer drama series, variety shows, news, and entertainment programming supported by advertising sales.
• myTV SUPER Hong Kong OTT streaming platform offering live TV streaming, on-demand content, and catch-up TV services through over 30 terrestrial, thematic, and international brand channels with 11,000+ hours of VOD. Targeted at Hong Kong audiences seeking digital access to TVB and premium third-party channels.
• TVB Anywhere / TVBAnywhere+ Over-the-top streaming service and mobile app providing Hong Kong drama, entertainment, news, and informational content to overseas audiences across 11 countries and regions (USA, Canada, Australia, NZ, UK, Europe, Singapore, Malaysia, Taiwan, Vietnam, Macau). Available in six language versions with simulcast dramas and over 40,000 hours of programme content.
• TVB Anywhere Android TV Box Smart TV hardware device running Android 9.0 with Bluetooth voice remote, supporting 5,000+ Play Store apps and Chromecast video projection, designed to deliver TVB Anywhere streaming content to television sets.
• Big Big Channel

Quantifiable outcome

• 79% audience share in Hong Kong's free-to-air television market
• +3 more outcomes

Segments3 records

Ideal customer profiles3 records

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

15 partnerships are on record, tiered core, major and minor.

• StarrycoreStrategic or Co-development Partner · 19 March 2026Strategic partnership with Starry, an AI-powered KOL marketing platform, to enable data-driven precision matching between TVB's artiste-creators and brand partners. This partnership supports the Artiste-Creator Network (ACN) initiative.
• HuaweimajorTechnology or Integration · 1 January 2020Global strategic cooperation established in 2020 to introduce TVB Anywhere SVOD paid service into Huawei Video platform globally.
• YoukumajorStrategic or Co-development Partner · 1 January 2020Strategic partnership for co-production and licensing of TVB drama series, building on earlier licensing arrangements established in 2018.
• LazadaminorChannel Partner/ Reseller/ Distributor · 1 January 2020Big Big Shop e-commerce partnership for online retail distribution across Lazada's Southeast Asian marketplace platform.
• HKBN GroupminorStrategic or Co-development Partner · 1 January 2019Strategic partnership to expand into the enterprise market and collaboration on HOME+ platform with myTV SUPER.
• Circle K Convenience Stores (HK) LimitedminorChannel Partner/ Reseller/ Distributor · 1 January 2019E-commerce partnership for Point-of-Sale distribution of TVB merchandise and products through Circle K's Hong Kong convenience store network.
• Alibaba Group (Taobao)minorChannel Partner/ Reseller/ Distributor · 1 January 2019Big Big Shop partnership with Taobao for e-commerce distribution, leveraging Alibaba's logistics and platform infrastructure.
• Imagine EntertainmentmajorStrategic or Co-development Partner · 1 January 2017Joint venture with Hollywood TV and film production company to co-produce premium content combining international production standards with Chinese storytelling.
• TencentmajorStrategic or Co-development Partner · 1 January 2017Strategic cooperation on co-production of drama series, combining Tencent's digital platform strength with TVB's content production capabilities.
• iQiyimajorStrategic or Co-development Partner · 1 January 2017Strategic cooperation on co-production of drama series for digital distribution to Mainland China audiences.
• Warner Bros. EntertainmentmajorStrategic or Co-development Partner · 1 January 2015Joint venture to develop and produce Chinese-language films, leveraging Warner Bros.' global film expertise with TVB's content capabilities.
• Shaw BrothersmajorStrategic or Co-development Partner · 1 January 2009Joint venture agreement to produce motion pictures, combining TVB's television production capabilities with Shaw Brothers' film expertise.
• China Media Capital (CMC)coreStrategic or Co-development PartnerCMC founded TVBC (Television Broadcasts Chinese), a joint venture that serves as TVB's primary platform for Mainland China operations and content distribution.
• AstrominorChannel Partner/ Reseller/ DistributorCollaboration on TV programmes distribution to Malaysian audiences through Astro's satellite television platform.
• StarHub and SingTelminorChannel Partner/ Reseller/ DistributorCollaboration with Singapore telecoms operators StarHub and SingTel for distribution of TVB content in Singapore.

Scale indicators7 records

Recent moves14 records

Expansion highlights5 records

Regional players

• GMA Network: Philippines' leading commercial broadcast network with dominant audience share and a transition into digital. Comparable as an Asian regional free-to-air commercial broadcaster with a parallel content production and distribution business.
• Media Prima Berhad: Malaysian integrated media group operating free-to-air TV, print, and digital platforms. Comparable as a regional Asian media conglomerate with multi-platform content distribution and advertising revenue mix.

Others

• Warner Bros. Discovery: Global media company and TVB's joint-venture partner (2015) for Chinese-language film production. Comparable as an ecosystem participant and content partner whose strategic priorities influence TVB's access to international production expertise and distribution.

Direct peers

• iQIYI: Major Chinese streaming platform that licenses and co-produces TVB drama content for Mainland audiences. Comparable as a Chinese-language video streaming service competing for similar content rights, advertiser dollars, and viewer attention in the GBA market.
• PCCW Media (ViuTV / Viu): Operates ViuTV (Hong Kong's other free-to-air broadcaster) and the Viu OTT streaming platform. Direct domestic competitor for Hong Kong FTA audience share and Cantonese-language streaming viewership, with overlapping advertiser base.
• Youku (Alibaba): Chinese streaming platform and TVB content licensing partner. Comparable as a major Mainland streaming platform with overlapping content licensing relationships and competition for Chinese-language drama viewership.
• Astro Malaysia Holdings: Malaysia's dominant pay-TV operator and Chinese-language content distributor across Southeast Asia. Directly comparable as a regional Chinese-language broadcasting group that bundles linear channels, OTT streaming, and content production, serving overlapping diaspora audiences in markets where TVB distributes internationally.

Broad incumbents

• Tencent Video (Tencent Holdings): One of China's largest streaming platforms and a TVB strategic partner for co-productions. Relevant comparable for the streaming scale, content investment, and competitive dynamics TVB faces in the Chinese-language OTT market.
• ITV plc: UK commercial public broadcaster with a comparable free-to-air broadcast model, content production arm (ITV Studios), and streaming service (ITVX). Relevant comparable for advertising-led broadcaster economics and the transition to digital/OTT.
• RTL Group: European broadcaster with free-to-air channels, content production, and streaming across multiple markets. Comparable as an established, multi-territory broadcaster with diversified revenue from ads, content licensing, and digital platforms.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/tvbcom
• Facebookfacebook.com/tvbcom
• LinkedInlinkedin.com/company/tvb

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Television Broadcasts Limited