Murray stated that while English programming could be purchased from other countries, "no country is producing a mass of suitable pre-recorded material in Chinese". In 1962, Director of Information Services J.L. Another challenge lay in procuring enough content for the new station. There was debate as to whether the second station should be set up as a Crown corporation, as with the BBC a purely commercial enterprise or a combination of the two. The government set up a working party in the early 1960s to study the idea of setting up a second television station in Hong Kong, where the only television at that time was the wired, subscription-supported Rediffusion Television. TVB, which also produces news program and operates a 24-hour news channel, received a credibility rating of 5.88 in 2016, ranking the bottom among major electronic media in Hong Kong, and a credibility rating of 4.45 in 2019, 2.25 below the average rating and remained to be seen as the least credible electronic media, according to surveys conducted by the Centre for Communication and Public Opinion Survey of the Chinese University of Hong Kong. It has historically been the most dominant broadcaster in Hong Kong.
TVB is known primarily for its dramas, and produces the Miss Hong Kong and Miss Chinese International pageants. It is still usually referred to with that name, although ATV later switched to "wireless" (free-to-air) broadcasting as well. When TVB first began broadcasting it was commonly known and promoted as "Wireless Television" ( Template:Lang Cantonese: mou4 sin3 din6 si6) in Chinese to distinguish it from the then cable television broadcaster, Rediffusion Television (麗的呼聲), which later became ATV. The company was registered on 26 July 1965 and was co-founded by Sir Run Run Shaw, who was chairman from 1980 to 2011, together with Sir Douglas Clague and Harold Lee Hsiao-wo of the Lee Hysan family. TVB is headquartered at TVB City at the Tseung Kwan O Industrial Estate. The company operates five free-to-air terrestrial television channels in Hong Kong, with TVB Jade as its main Cantonese language service, and TVB Pearl as its main English service. Television Broadcasts Limited ( TVB) is a television broadcasting company based in Hong Kong.
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