Government has role to play in broadcasting some sports events
Where Hongkongers are participating, such as at the Olympics or Asian Games, it may be worthwhile spending public money on broadcasting rights
From the Olympic Games to the World Cup soccer tournament, Hongkongers fret about being unable to watch live broadcasts for free. To the relief of many, Cable TV has stepped in at the last minute amid growing worries over the coverage of the Asian Games next month. Given the issue crops up from time to time, it is worth exploring whether the government can play a role in resolving it.
It would be regrettable if we were to miss out on the Asian Games. Our 700-strong delegation to Indonesia is the city’s biggest ever. The boost stems from our participation in more team sports, including men’s and women’s rugby and hockey. We also stand a reasonably good chance of winning medals in some events.
That would seem like good enough reasons for commercial enterprises to bid for the broadcasting rights. But the truth is that it costs a lot of money to secure those rights. There is also no guarantee of a profit, which explains why broadcasters are shy to make a bid.