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Shanghai Media Group

Shanghai Media Group, also known as Radio and Television Station of Shanghai (上海廣播電視台), is one of China’s largest state-owned media conglomerates, headquartered in Shanghai. Formed in 2001 through a merger of Shanghai’s People’s Radio Station, East Radio Shanghai, Shanghai Television, and Oriental Television, SMG operates a comprehensive portfolio including Dragon Television, multiple specialized channels, and radio stations. The group launched China’s second English-language news channel, International Channel Shanghai (ICS), in 2008. SMG owns Yicai Global (formerly China Business Network), which received a $193.5 million investment from Alibaba Group in 2015 for a 30 percent stake. In 2020, the U.S. State Department designated Yicai Global as a foreign mission of the Chinese government. SMG has partnerships with Disney for film development and produces content across news, entertainment, sports, and financial programming, spanning television, radio, and digital platforms.

Institutional Ties

Activities Engaged