PLEASE NOTE: THIS EDIT CONTAINS MATERIAL WHICH WAS ORIGINALLY 4:3<br/> <br />Hong Kong media mogul Sir Run Run Shaw, who created an empire in Asia spanning movies and television, died on January 7th.<br/> <br />A statement released by his company, Television Broadcasts Limited, said Shaw died peacefully at his home in Hong Kong, surrounded by his family.<br/> <br />He founded TVB in 1967, which was Hong Kong's biggest free-to-air television operator and helped to shape the city's media culture.<br/> <br />Known as one of Hong Kong cinema's defining figures, Shaw popularized Chinese kung fu films in the West and helped turn the former British colony into the so-called "Hollywood East" over an 80-year career.<br/> <br />Shaw was 106.