EXHIBIT 8.1

LIST OF SUBSIDIARIES AS OF DECEMBER 31, 2007



|                                                                                    |  |                                                                                 
|----------------------------------------------------------------------------------- |  | --------------------------------------------------------------------------------
|Subsidiary Name (1)                                                                 |  | Jurisdiction of Incorporation                                                   
|Ad On Media Limited (Name changed on April 3, 2007)                                 |  | Peoples Republic of China (English
translation/transliteration of Chinese name)
|Apex Victory Limited                                                                |  | British Virgin Islands                                                          
|Cable Network Communications Limited                                                |  | Hong Kong                                                                       
|Hong Kong Cable Enterprises Limited                                                 |  | Hong Kong                                                                       
|Hong Kong Cable News Express Limited                                                |  | Hong Kong                                                                       
|Hong Kong Cable Television Limited                                                  |  | Hong Kong                                                                       
|i-CABLE Capital Limited (Name changed on July 4, 2007)                              |  | British Virgin Islands                                                          
|i-CABLE China Limited                                                               |  | British Virgin Islands                                                          
|i-CABLE Enterprises Limited                                                         |  | British Virgin Islands                                                          
|i-CABLE Entertainment Limited                                                       |  | Hong Kong                                                                       
|i-CABLE International Distribution Limited                                          |  | Hong Kong                                                                       
|i-CABLE International Distribution (BVI) Limited                                    |  | British Virgin Islands                                                          
|i-CABLE Media Consultancy (Beijing) Limited                                         |  | Peoples Republic of China (English
translation/transliteration of Chinese name)
|i-CABLE Media Limited                                                               |  | Hong Kong                                                                       
|i-CABLE Network Limited                                                             |  | Hong Kong                                                                       
|i-CABLE Network Operations Limited                                                  |  | Hong Kong                                                                       
|i-CABLE News Limited                                                                |  | Hong Kong                                                                       
|i-CABLE Satellite Television Limited                                                |  | Hong Kong                                                                       
|i-CABLE Sports Limited                                                              |  | Hong Kong                                                                       
|i-CABLE Sports (BVI) Limited                                                        |  | British Virgin Islands                                                          
|Rediffusion Engineering Limited                                                     |  | Hong Kong                                                                       
|Rediffusion (Hong Kong) Limited                                                     |  | Hong Kong                                                                       
|Rediffusion Satellite Services Limited                                              |  | Hong Kong                                                                       
|Sundream Motion Pictures Limited                                                    |  | Hong Kong                                                                       
|Sundream Stars Limited (Name changed on June 16, 2008)                              |  | Hong Kong                                                                       
|Guangzhou Kuan Xun Customer Services Company Limited                                |  | Peoples Republic of China                                                      
|                                                                                    |  | (English translation/transliteration of Chinese name)                           
|Guangzhou Dong Liang Cai Movie & Television Technology Consultation Company Limited |  | Peoples Republic of China (English
translation/transliteration of Chinese name)
|Movie Ad On Media Limited                                                           |  | Peoples Republic of China (English
translation/transliteration of Chinese name)



|(1) | All subsidiaries do business under their legal name.
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