Media Tycoon Sentenced to Five Years in Hong Kong Prison

From a story on axios.com by Herb Scribner headlined “Jimmy Lai, pro-democracy tycoon, sentenced to 5 years in Hong Kong prison”:

Hong Kong sentenced a pro-democracy media tycoon to five years and nine months in prison Saturday, the Associated Press reports.

Why it matters: The media mogul, Jimmy Lai, is considered one of the most prominent critics of China, and activists see his sentencing as a major blow to freedom within the city, The New York Times reports.

Details: Lai was found guilty of two counts of fraud for violating the terms of a lease contract for his pro-democracy newspaper, Apple Daily, Reuters reports.