Publishing Venture
On 18 March 1996, Wong established Mad Dog Daily, a tabloid with a clear "Anti-communism" and "Anti-Tung" stance. However, the paper suffered from a low sales volume, which Wong jokingly blamed on its "journalistic integrity" and refusal to participate in sensationalist journalism. After the Asian financial crisis, it transformed into a magazine in October 1997, and then was suspended shortly afterwards. As a result, Wong had to bear debts that amounted to a total of 15 million HKD. He repaid this debt in a matter of years by working on talk shows and other TV programmes.
In 2000, Wong established "CyberHK", an IT company that was also unsuccessful, falling victim to the dot-com bubble of 2001 and putting Wong into debt again. To settle the debts, Wong concentrated on his radio talk shows, writing articles for newspapers, and running his beef noodle restaurant.
Read more about this topic: Raymond Wong (politician)
Famous quotes containing the words publishing and/or venture:
“While you continue to grow fatter and richer publishing your nauseating confectionery, I shall become a mole, digging here, rooting there, stirring up the whole rotten mess where life is hard, raw and ugly.”
—Norman Reilly Raine (1895–1971)
““If Steam has done nothing else, it has at least added a whole new Species to English Literature ... the booklets—the little thrilling romances, where the Murder comes at page fifteen, and the Wedding at page forty—surely they are due to Steam?”
“And when we travel by electricity—if I may venture to develop your theory—we shall have leaflets instead of booklets, and the Murder and the Wedding will come on the same page.””
—Lewis Carroll [Charles Lutwidge Dodgson] (1832–1898)