Originally Posted by
Ken Cheng
TVB has not done wuxia since Jin Yong pulled the plug on them in 2000 due to his displeasure with HSDS 2000 (and who could blame him, considering the travesty that series was). Although TVB could do other, non-Jin Yong wuxia, it probably decided that without the Jin Yong canon, continuing to do wuxia wasn't worth it...especially as a wuxia series probably requires three to five times the budget of a typical family drama or comedy series.
But TVB has been steadily going down the tubes since the 1990s, and has basically been living off the legacy of its 1970s/1980s achievements. It's been a long, sad, steady decline that has been going on for at least twenty years now.