Under scrutiny over Channel 52, CTS predicts financial losses of NT$260m
By Shelley Shan / Staff reporter
Chinese Television System (CTS) is expecting financial losses of NT$260 million (US$9.14 million) this year, general manager Leon Chuang (莊豐嘉) told the Legislative Yuan’s Education and Culture Committee yesterday.
CTS aims to generate profits three years after it starts broadcasting its news channel on cable television, Chuang added.
The Ministry of Culture was scheduled to brief the committee on progress in drafting a public media act.
Chinese Television System general manager Leon Chuang speaks at a news conference in Taipei on Friday last week.
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