I believe Hong Kong is one of the biggest and lucrative city in the world as it is portrayed as one of the developed Media capital along with Hollywood, Chicago and recently India. Its rising velocity and volume of multi directional media flows are being reassessed to the periphery world system (Curtin, 2003). It is because of its transnational cultures that emerged throughout the history of Hong Kong that provided a chance for scholars to examine Hong Kong as a media capital.
There’s a history behind the success of Hong Kong as one of the media capital in the world. Because of its central position in the Chinese diaspora, the city continued to prospers as a nexus for financial and trade relations between China and the rest of the world and act as a dominant city in the world thus being applicable as the major media capital. As the country grows bigger while more and more immigrants move into Hong Kong, this goes as far back during the World War 2 where people sought sanctuary. This emphasises why Hong Kong is a media capital as it is culturally diverse itself and allows the smooth flow of trans-cultural media.
Television Broadcasts Limited, also known as TVB, commenced broadcasting wireless for the first time in 1967 in Hong Kong. TVB now is one of the largest commercial Chinese television broadcasting industry in Asia. This is also because places such as Taiwan, Singapore and Bangkok attracted diasporic audiences that is far beyond Hong Kong’s territory (Leung and Chan, 1997). TVB especially their drama series are widely and frequently broadcasted in countries in Southeast Asia such as Malaysia. I grew up watching TVB shows with my grandmother, from those antique giant TVs to flat screen HD TVs and after migrating to Australia, I am still watching TVB dramas streamed online on my laptop. What I’m trying to say is that it’s viral and absorbed in many countries and it began to start a trend.
Just like Hollywood and the Western culture, Cantopop (Cantonese popular music) is now one of the dominant aspect in the music industry and is big business in Asia as its blockbusters are always at the top of the charts or artists on newspapers and magazines. “And, while Britney Spears, Kim Kardashian and Justin Timberlake are all big business in Hong Kong, Singapore and Beijing, Edison Chen, Gillian Chung and Andy Lau are much bigger business.” (Boland, 2014) Cantopop not only topped charts in Hong Kong but are also viral in places such as Malaysia and Singapore where Cantonese are practiced.
Emergence of media capital is one of the impact from globalisation as a concept that empirically grounded the analysis of temporal dynamism and spatial complexity of the global media environment. (Curtin, 2003)
Boland R. 2014, Cantopop- What is Cantopop?, gohongkong.about.com, viewed 15th September 2014, <http://gohongkong.about.com/od/historyandcultureofhk/a/Cantopop.htm>
Curtin, M 2003, “Media Capital: Towards the study of spatial flows”, International journal of Cultural Studies, vol. 6, no.2, pp. 202-228.