Next Saturday (the 16th), “Jade Soild Gold Top Ten Music Awards” ceremony will be held. As the “Big 4″ record companies had not settle their copyright disputes with TVB yet, Eason Chan, Kay Tse, Hacken Lee, Hins Cheung, Fiona Sit and the rest of the Big 4 singers will be absent from the ceremony. Due to this the ceremony will significantly lose its entertainment and stars. Its understood that in the past, TVB allowed singers to independently shoot MVs and then broadcast on their station, but because of the financial crisis last year, revenue has to increase somehow. In response, TVB approached the record companies, in order to promote their songs on their station, TVB must be responsible to shoot a seperate MV, but the production fees are left to the record companies’ to handle. Since TVB is the largest television station in a monopoly, the record companies had no choice but to accept. However, the Big 4 (Universal, Warner, Sony Music and EMI) planned to introduce the MVs to other television stations, but TVB striked again reminding the Big 4 that the MVs by their singers could only be broadcast by TVB and cannot be broadcast on other stations. Big 4 decided to stop all MV productions and self-produce them to provide to the Karaoke market, otherwise they will lose that source of income as well. Hins Cheung and the group MR. had lost their upcoming HK Coliseum concert promotion on TVB, while TVB ‘god sons’ Hacken Lee and Jason Chan both experiences heavy impact without promotion on TVB.

Original Source of Same songs broadcast on TVB day and night; Hacken Lee & Hins Cheung large impact during TVB-HKRIA dispute