ATV executive director Louie King-bun hit back at disgruntled television audiences and told them to “use their brains” after social activist Lui Yuk-lin threw “hell money” outside the venue

ATV boss tells furious viewers to use brains
Kelly Ip
Tuesday, February 18, 2014
ATV executive director Louie King-bun hit back at disgruntled television audiences and told them to “use their brains.”

In the first public hearing on the license renewals of TVB and ATV at City Hall in Central, many participants urged the government not to renew ATV’s license as its programs are mostly reruns and lack quality.

But Louie told the participants they were being irrational and unfair.

“I have been in the media since 1979 after graduating from university. I have witnessed the changes in society, but irrationality has never been so serious as it is today,” said Louie, the former executive editor of the pro-Beijing newspaper Ta Kung Pao.

He refuted the claim of one participant who said that the complaints against ATV had exceeded the station’s number of viewers.

“Are such complaints rational? Please use your brains to think about it. Present your rationale,” Louie said amid yells from the audience.

The station’s senior vice president, Nick Ip Ka- po, said ATV will invest HK$2.7 billion in the next six years, improve its equipment and strengthen its production line.

Those opposing the station said it is torturing its audience by repeating its programs. “We do not want such a station,” a man said. “Its programs lack quality and it does not deserve a license renewal.”

Social activist Lui Yuk-lin, who threw “hell money” outside the venue before the hearing, said nobody wants to watch ATV. She was later removed from the venue for disrupting other speakers.

Some participants said they support the renewal of licenses for both stations but that they should give away some of the channels to Hong Kong Television Network, which failed to obtain a license.

Others said they supported ATV and called on the station to produce programs featuring the mainland and the Basic Law.

The hearing was temporarily disrupted when participants with opposing views yelled at each other.

A few, meanwhile, suggested that TVB had used its public resources for private affairs.

TVB executive director and general manager Mark Lee Po-on said the company accepts constructive opinions on program arrangements and future development.

Communications Authority chairman Ambrose Ho Pui-him said everyone is encouraged to express their opinions.

The licenses for both TVB and ATV will expire on November 30, 2015.

The next public hearings will be on March 7 in Ngau Chi Wan and March 10 in Sha Tin. The consultation period will end on April 3.

 

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Kee Koon Boon (“KB”) is the co-founder and director of HERO Investment Management which provides specialized fund management and investment advisory services to the ARCHEA Asia HERO Innovators Fund (www.heroinnovator.com), the only Asian SMID-cap tech-focused fund in the industry. KB is an internationally featured investor rooted in the principles of value investing for over a decade as a fund manager and analyst in the Asian capital markets who started his career at a boutique hedge fund in Singapore where he was with the firm since 2002 and was also part of the core investment committee in significantly outperforming the index in the 10-year-plus-old flagship Asian fund. He was also the portfolio manager for Asia-Pacific equities at Korea’s largest mutual fund company. Prior to setting up the H.E.R.O. Innovators Fund, KB was the Chief Investment Officer & CEO of a Singapore Registered Fund Management Company (RFMC) where he is responsible for listed Asian equity investments. KB had taught accounting at the Singapore Management University (SMU) as a faculty member and also pioneered the 15-week course on Accounting Fraud in Asia as an official module at SMU. KB remains grateful and honored to be invited by Singapore’s financial regulator Monetary Authority of Singapore (MAS) to present to their top management team about implementing a world’s first fact-based forward-looking fraud detection framework to bring about benefits for the capital markets in Singapore and for the public and investment community. KB also served the community in sharing his insights in writing articles about value investing and corporate governance in the media that include Business Times, Straits Times, Jakarta Post, Manual of Ideas, Investopedia, TedXWallStreet. He had also presented in top investment, banking and finance conferences in America, Italy, Sydney, Cape Town, HK, China. He has trained CEOs, entrepreneurs, CFOs, management executives in business strategy & business model innovation in Singapore, HK and China.

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