Type | State media |
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Country | |
Motto | Spread upward power and enrich people's lives (传播向上力量,丰富大众生活) |
Headquarters | Shanghai, China |
Launch date | 2001 2014 (re-organize) |
Official website | www |
Shanghai Media Group | |||||||||||
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Simplified Chinese | 上海文化广播影视集团有限公司 | ||||||||||
Traditional Chinese | 上海文化廣播影視集團有限公司 | ||||||||||
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Alternative Chinese name | |||||||||||
Simplified Chinese | 上海广播电视台 | ||||||||||
Traditional Chinese | 上海廣播電視台 | ||||||||||
Literal meaning | Radio and Television Station of Shanghai | ||||||||||
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Radio and Television Station of Shanghai (RTS), a Shanghai-based state media outlet, and its wholly owned subsidiary, Shanghai Media Group (SMG), represent one of China's largest state-owned media and cultural conglomerates, with the most complete portfolio of media and related businesses. The Oriental Pearl Media Company under SMG was the first cultural and media company in China to realize a market capitalization totaling more than ¥100 billion (US$15B) on the Shanghai Stock Exchange in 2015. By June 2015, SMG has more than ¥61B (US$10B) in assets and about 17,200 employees.[1]
SMG's businesses span operations of radio and TV networks, signal transmission, newspapers and magazines, drama and film production and distribution, OTT and streaming, IPTV, online and console gaming, digital advertising, home shopping and e-commerce, financial data and information services, children's arts training, TV post-production services, live entertainment, tourism and cultural investments, etc.