China Media Group, also known as CMG, is a state-owned media company headquartered in China. Founded in 2018, the company has approximately 50,000 employees and reported $4.1 billion in revenue as of 2023. It functions as a tier 1 media tech buyer. The group specializes in broadcast television and radio, incorporating major national media entities such as China Central Television (CCTV), China National Radio, and China Radio International.
On February 23, 2026, China Global Television Network (CGTN) and China Central Television (CCTV), both operated by China Media Group, broadcast an Azerbaijan State News Agency (AZERTAC) report detailing the investment partnership between Azerbaijan and China. This broadcast followed the 2026 Spring Festival Gala, produced by China Central Television, which attracted over 400 million live viewers and amassed more than 23 billion views across television, phones, and tablets. Held on February 16, 2026, the annual Gala, which functions as a major cultural and political platform, showcased humanoid robotics as a symbol of national technological advancement and industrial strategy.
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China Media Group (CMG) offers 3 products in the media and telecoms services industry. China Media Group (CMG)'s product portfolio comprises of media and TV services and broadcast television and radio.
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China Media Group (CMG)'s revenues were over $1B in 2023. Caretta Research has split China Media Group (CMG)'s revenue into 3 different product categories, the largest of which is linear (national channel groups). For full access to China Media Group (CMG)'s revenue breakdown subscribe to Caretta Portal.
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Examples of China Media Group (CMG)'s suppliers include Avid, Conviva and Ross Video.
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China Media Group (CMG) currently holds 17 broadcasting rights for sports competitions including aquatics and swimming, soccer | association football, multi-sport and motorsports.
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