Cross-strait chasm seen in tycoon, media group By Chen Kuan-Fu 陳冠甫 Two seismic events, one in Taiwan and the other in Hong Kong, have sent shock waves through the respective journalistic communities over the past month. The event in Taiwan occurred at midnight on Dec. 11, when CTi News ceased broadcasting on cable television after its license renewal application was rejected by the National Communications Commission. The following day, the channel’s owner, Want Want China Times Media Group founder Tsai Eng-meng (蔡衍明), announced that CTi News would be transformed into a “new media” organization and continue broadcasting around-the-clock on YouTube. At the time of writing, the YouTube channel had 2.27 million subscribers.