The territory is in addition the East and Southeast Asian headquarters for most of the major international communications and media services.
The network is mandated by its service license to launch a 17-hour English television channel on or before 31 March 2017.
Public broadcaster RTHK operates three digital channels, two of which have been simulcast on analogue frequencies formerly used by ATV since April 2, 2016.
The production of Hong Kong's soap drama, comedy series and variety shows have reached mass audiences throughout the Chinese-speaking world.
Many international and pan-Asian broadcasters are based in Hong Kong, including News Corporation's STAR TV.
Although freedom of expression is protected by the Hong Kong Bill of Rights, the Hong Kong national security law gives the government the power to "take down any electronic messages published" that the government considers endangering national security.
Democratic activists claim central government authorities closely monitor their e-mails and Internet use.