- 5
Subscription rates
There will be
would best be
no control on the subscription rates which
regulated by market forces. However, if an
interested party chooses to include subscription rates in
information will be taken into account
its proposal, such
in the evaluation of proposals and may become a condition
of the Licence.
Ownership and Corporate Structure
The Licensee will be subject to ownership and corporate
structure restrictions, like the wireless TV licensees, as
follows (enabling legislation, to be enacted, will be
required):-
1.
The Licensee may not be
a subsidiary of any other
company.
2.
3.
The Licensee may have
directly connected
or
except for (1) such
investments only in companies
associated with broadcasting
services as
telecommunications
approved by the TA and
the BA; or (2) treasury or
management functions approved by the BA.
Subject to the approval of the BA, the Licensee may
Own or control a minority
stake in other "major
The maximum level of
broadcasting licensees".
ownership or control will be set by statute. A "major
broadcasting licensee" refers to territory-wide
off-air TV and radio licensee(s), large scale
cable/MMDS licensee(s) and satellite TV licensee(s)
uplinking from Hong Kong.
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Private notes are available after approval.