TVB clarifies Xu Tao and Zeng Zhiwei’s resignation Xu Tao: Misreporting or affecting the company’s stock price will be followed up by law enforcement agencies in accordance with procedures
Yesterday (23rd) late at night, it was rumored that Xu Tao, Chairman of the Board of Directors of TV Broadcasting, and Eric Tsang, TVB General Manager (Program Content Operations) would resign. TVB leaked a statement denying it late at night, denouncing that the relevant content was purely fictitious and completely groundless. TVB held another press conference today (24th). Zeng Zhiwei, who had just finished his surgery and rested from work, showed up in video, smiling, seemingly in good spirits, and waving hello to the media present.
It is rumored that Xu Tao and Zeng Zhiwei have left TVB to deny that Zeng Zhiwei appeared in the video with a smile on his face to refute the rumors
Zeng Zhiwei, who is in Taiwan, briefly explained his health status, saying that he cannot drink alcohol for the time being and needs to rest for about two weeks. He pointed out that he completed a minimally invasive surgery, “Adding a stent to the blood vessel was actually known more than 10 years ago, and it needs to be taken care of together, but the epidemic has not returned (Taiwan) for more than 3 years, so it is going to be done now.”
Xu Tao, who is also the executive chairman of TVB, denied the resignation rumors, pointing out that it is absolutely not true, and said that he just held a board meeting yesterday to discuss the company’s development direction. It is most suitable to lead the reform team of TVB.” Xu Tao criticized that any news about changes in senior executives is sensitive information and will affect the stock price of listed companies. It has affected the company’s stock price, so we must deal with this issue seriously today, and submit the incident to the relevant law enforcement agencies according to the company’s procedures.”
In response to reports that TVB plans to move to the mainland for filming, Xu Tao pointed out that the mainland and Hong Kong markets do not necessarily need to choose one or the other.
yesterdayOriental DailyIt has been reported that TVB will undergo a “renewal”. Two and a half years after Zeng Zhiwei took over TVB’s program operation, the TV station has not been able to turn losses into profits. The program ratings are not satisfactory, and advertising revenue has dropped sharply. Losing money, Zeng Zhiwei, who is recuperating after undergoing vascular stent implantation, will reportedly leave TVB, and Xu Tao will also leave the job. The report also pointed out that TVB will shift its production focus to the Mainland in the future, and the new management candidate is the 78-year-old retired former general manager and director He Dingjun.
However, TVB issued a statement late yesterday denying that the report “contains serious false information” and the so-called “personnel change” and “factory deployment” in the report are purely fictitious and completely groundless. “The fact is that Mr. Xu Tao and Mr. Zeng Zhiwei will continue to lead our group operations going forward.”
