EXHIBIT 8.1

LIST OF SUBSIDIARIES AS OF DECEMBER 31, 2006



|                                                                                                                     |  |                                                                                 
|-------------------------------------------------------------------------------------------------------------------- |  | --------------------------------------------------------------------------------
|Subsidiary Name (1)                                                                                                  |  | Jurisdiction of Incorporation                                                   
|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 China Limited                                                                                                |  | British Virgin Islands                                                          
|i-CABLE Enterprises Limited                                                                                          |  | British Virgin Islands                                                          
|i-CABLE Entertainment Limited                                                                                        |  | Hong Kong                                                                       
|i-CABLE International Distribution Limited (commenced business operation on February 13, 2006)                       |  | Hong Kong                                                                       
|i-CABLE International Distribution (BVI) Limited (commenced business operation on February 13,2006)                  |  | British Virgin Islands                                                          
|i-CABLE Media Limited                                                                                                |  | Hong Kong                                                                       
|i-CABLE Network Limited                                                                                              |  | Hong Kong                                                                       
|i-CABLE News Limited                                                                                                 |  | Hong Kong                                                                       
|i-CABLE Satellite Television Limited                                                                                 |  | Hong Kong                                                                       
|i-CABLE Sports Limited                                                                                               |  | Hong Kong                                                                       
|i-CABLE Ventures Limited                                                                                             |  | British Virgin Islands                                                          
|i-CABLE Network Operations Limited (formerly i-CABLE WebServe Limited; changed to current name on December 19, 2006) |  | Hong Kong                                                                       
|Maspon Company Limited (in members voluntary winding up)                                                             |  | Hong Kong                                                                       
|Rediffusion Engineering Limited                                                                                      |  | Hong Kong                                                                       
|Rediffusion (Hong Kong) Limited                                                                                      |  | Hong Kong                                                                       
|Rediffusion Satellite Services Limited                                                                               |  | Hong Kong                                                                       
|Riddlewood Company Limited (in members voluntary winding up)                                                         |  | Hong Kong                                                                       
|Sundream Motion Pictures Limited                                                                                     |  | 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)
|Teamwork Zhuoran Advertising Limited (Name changed to Ad On Media Limited on April 3, 2007)                          |  | Peoples Republic of China                                                      

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