Hong Kongs Media Market

1
Hong Kongs Media Market

• HK media is dominated by Oriental Press Group and
  Next Media, which control more than 70 percent of
  the newspaper readership market
• 1) Oriental Daily News (OPG) 2.2 million (37)
• 2) Apple Daily (Next) 1.6 million (26)
• 3) The Sun (OPG) 837,000 (14)
• 4) Ming Pao 395,000 (6)
• 5) SCMP 269,000 (4)
• 6) Sing Tao 200,000 (3)
• (Source 2000 Feb.ACNielsen Hong Kong Millennium
  Media Index RARD Report)

2
H.K. Magazine Market

• Dominance less severe but most of the weekly
  magazines w/high circulation belong to Next and
  OPG, which control one-third of market.
• First 3 are Next Media (23)
• 1) Next Magazine (10)
• 2) Sudden Weekly (7)
• 3) Easy Finder (6)
• OPG has
• 5) Eastweek (5),
• 6) East Touch (4)
• 11) Oriental Sunday (2)

3
Oriental Press Group

• Oriental Daily News, The Sun, The Sun Racing
  Journal, Eastweek, East Touch, Oriental Sunday
• In 1969 Ma brothers founded ODN, which became
  HKs best-selling paper in less than 10 years.
  Largest shareholder, Lam Wei-chen, wife of
  younger brother, Ma Sik-chun, who fled to Taiwan
  after drug charges in 77. One son, Ma
  Ching-kwan, stepped down as chairman in 98 after
  ODN was convicted for contempt of court and 2
  years after English-language-Eastern Express
  folded. Another son, Ma Ching-fat, is current
  chairman.

4
Next Media

• Includes Apple Daily, Next Magazine, Sudden
  Weekly, Eat Travel Weekly--expected profit of
  HK310 million.
• Jimmy Lai, 52, Next Media chairman, largest
  shareholder, anti-Beijing
• Made in Giordano clothing chain, founded Next
  Media 10 years ago, launched Apple Daily in 95,
  lost big in adMart, e-tail venture.
• To start a Taiwan version of Next Magazine in
  May 2001, using staff of Taiwan online paper,
  Tomorrows Times, which folded Feb. 2001

5
Ming Pao Enterprise

• Includes Ming Pao Daily News (HK, Canada, NY),
  Yazhou Zhoukan, Ming Pao Weekly, Ming Pao
  Monthly, City Childrens Weekly, Hi-Tech Weekly.
  Also, Mingpao.com.
• Largest shareholder, Tiong Hiew-king, a
  Malaysian timber baron.
• Founded in 1959 by Louis Cha, martial arts
  novelist, Ming Pao Daily News evolved into paper
  for intellectuals.
• (Jan. 2001/Tom.com, controlled by Li Ka-shings
  Hutchison Whampoa/Cheung Kong Holdings announced
  intent to buy 50 of internatl Chinese
  newsweekly Yazhou Zhoukan for HK60 million)
• (Feb. 2001/Mingpao.com sells 10 to CCT
  Telecom Holdings for HK100million, also in talks
  with Richard Lis Pacific Cyberworks)

6
South China Morning Post Holdings

• Largest shareholder, Kerry Group, Robert Kuok,
  77, ethnic Chinese businessman in Malaysia (net
  worth U.S.5 billion, made cornering piece of
  Malaysias sugar trade.
• In addition to media (includes 15 of TVB), Kuok
  has interests in hotels (Shangri-La Group),
  shipping, plantations and commodities in 15
  countries.
• Also launched 100 million venture to market
  cosmetics via Internet in China and Japan. Sons
  Ean, 45, (chairman of SCMP Holdings) and Beau,
  49, help run company.

7
Sing Tao Holdings

• Sing Tao Daily (H.K., Australia, N.Z., U.K.,
  U.S., Shenzhen, Canada),
• HK iMail, hotels, real estate.
• Founded in 1938 by Aw Boon-haw, famous for
  ointment Tiger Balm, who left business to
  daughter Sally in 54. She sold in 99 to Lazard
  Asia Fund, which in Jan. 2001 sold 51.4 to
  Charles Ho, 51, tobacco tycoon, for HK356
  million. Hos Global China Technology Group also
  has joint venture to develop Xinhuaonline.
• (Ho is delegate to mainlands advisory body,
  Chinese Peoples Political Consultative
  Conference and was member of Election Comm. that
  chose Tung Chee-hwa as chief executive.)