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Hong Kong's ATV on the brink

Hong Kong's ATV is on the verge of collapse.

HONG KONG -- Hong Kong's Asia Television, the oldest station in the greater China region, is on the brink of collapse.

     The financially-troubled station, commonly known as ATV, is struggling to pay salaries and is under intense pressure before its broadcast license comes up for renewal in November. These troubles come amid a row over management control between two major shareholders.

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