Shanghai Media Group (SMG; ) under the Shanghai Media & Entertainment Group (SMEG), is a Chinese multimedia television and radio broadcasting, news and Internet company. The company employs around 5,200 people, with capital assets totalling RMB 11.7 billion.
SMG’s core business is television broadcasting and related media entertainment services including sports, showbiz, performance arts, science and technology, and finance. Revenue from advertising accounts for 10% of the commercial sales turnover in the local market.
Formed in 2001, SMG is the result of a merger between the People’s Radio Station of Shanghai, East Radio Shanghai, Shanghai Television Station, and Oriental Television Station. It has 11 analogue TV channels, 90 digital paid cable TV channels, an internet TV service, plus 10 analogue and 19 digital radio services. The group also operates and owns 5 sports centres and 14 cultural art centres. According to a survey of AC Nielsen, eleven of the group’s TV channels have achieved a market share of 76% during prime time in 2003.
In 2003 the group conducted a feasibility study with a view to set up a new English channel.〔("Shanghai plans all English TV channel" ) ''China.org''. 22 October 2003. Retrieved 2012-10-01〕 It renamed its Shanghai Broadcasting Network to Dragon TV and moved that channel's best-known English program "News at Ten" to Shanghai Television Business Channel and Dragon TV.〔("Shanghai plans all English TV channel" ) ''People's Daily Online''. 23 October 2003. Retrieved 2012-10-01〕 In January 2008, the Group launch a 24-hour English TV news channel, (ICS - International Channel Shanghai), the second in China after the state-own China Central Television's English channel (CCTV-9). The content of ICS News is distributed on mobile and internet platforms by US Company China Animation Partners, LLC.
English radio programming includes "Live It Up, Shanghai" broadcasts on the ''East Radio'' channel (792am and 89.9fm).
On 2 October the Group hosted special concert to mark the 20th anniversary of South Korea and China's diplomatic ties, with performers including along Kim Jang-hoon, Super Junior-M and EXO-K.
The Walt Disney Studios and Shanghai Media Group Pictures signed a movie development agreement, before the March 6, 2014 announcement, in which Chinese themes would be incorporated into Disney branded movies.
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