public | |
Traded as | : 0282 |
Industry | Media |
Founded | 1990s |
Headquarters | Hong Kong |
Key people
|
Jimmy Lai, Founder Cheung Ka Sing, Cassian, chief executive officer Ting Ka Yu, Stephen, COO and CFO Ip Yut Kin, Executive Director |
Revenue | HK$1,660.8 million |
Number of employees
|
4,041 (as of 30 Sep 2013) |
Website | www |
Next Digital Limited (Chinese: 壹傳媒有限公司 Jyutping: jat1 cyun4 mui4 jau5 haan6 gung1 si1, pinyin: Yī Chuán Méi Yǒuxiàn Gōngsī), previously known as Next Media Limited, founded by Jimmy Lai, has 4,041 employees (as of 30 Sep 2013) and is the largest-listed media company in Hong Kong.
Subdivisions include Next Media Interactive. The corporation is known for introducing tabloid-style journalism into Hong Kong and Taiwan that set trends in both markets. Apple Daily was the first newspaper to use the massive graphics, bold headlines and full colour pages now common to all best-selling papers in Hong Kong and Taiwan.
Next Media publications are also known for highly sensationalised articles which attract a wide range of readers, including critics. Next Media has often taken a clear and sometimes proactive support for democratic groups in Hong Kong. Some companies with ties to the government of China never advertise in any papers or magazines owned by Next Media.
The bold style of journalism seems to trigger constant troubles with the triads with incidents of criminal damages at the offices of Next Media. Apple Daily and its parent company Next Media are thought to be pioneer of paparazzi and yellow journalism in Hong Kong. A notable incident happened in 2006 when Gillian Chung, a member of singing group Twins, was shot changing clothes at the backstage by spy camera installed by a subsidy magazine of Next Media. The case triggered debated over paparazzi acts in Hong Kong and regulation of paparazzi was considered.
Starting from 20 October 2015, the English name of the company has been changed from Next Media Limited to Next Digital Limited.
Monday Book – A set of four magazines sold together for HK$12 on Monday mornings that are more thematically male and commerce focussed.
Friday Book – A set of three magazines sold together for HK$12 on Friday mornings that are more thematically female and leisure focussed. Next Media has ceased to hold any shares of these three magazines in the end of 2008 and the editorial affair of these magazines has tied-up with TVB Weekly (the official magazine of Television Broadcasts Limited and owned by a joint venture between Malaysian media conglomerate company Astro All Asia Networks plc (Astro) and Albert Yeung's Emperor Group) in early 2009.