CTS CEO Liu Chang-De's Term Ending, Company Clarifies Financial Losses
Key facts
- CTS CEO Liu Chang-De's Term Ending, Company Clarifies Financial Losses
- CTS CEO Liu Chang-De will conclude his term on July 31. The broadcaster clarified today that it has been averaging annual losses of approximately NT$250 million due to a weakening TV advertising market.
- Source: CNA
- Date: Wed Jun 17 2026 18:13:00 GMT+0900 (Japan Standard Time)
Direct answer
CTS CEO Liu Chang-De will conclude his term on July 31. The broadcaster clarified today that it has been averaging annual losses of approximately NT$250 million due to a weakening TV advertising market.
- Citation
- CTS CEO Liu Chang-De's Term Ending, Company Clarifies Financial Losses (Wed Jun 17 2026 18:13:00 GMT+0900 (Japan Standard Time)), CNA
- Source
- CNA
- Date
- Wed Jun 17 2026 18:13:00 GMT+0900 (Japan Standard Time)
AI Summary (NQ-processed)
CTS CEO Liu Chang-De will conclude his term on July 31. The broadcaster clarified today that it has been averaging annual losses of approximately NT$250 million due to a weakening TV advertising market.
AI Analysis
Frequently Asked Questions
- Q: What is CTS's recent annual deficit?
- A: Approximately NT$230–260 million over the past three years, averaging NT$250 million.
- Q: When will General Manager Liu Chang-De leave?
- A: His term ends on July 31, 2024.
- Q: What are the main causes of CTS's losses?
- A: Declining TV ad revenue and the ban on election-related advertising.