China Media Group (CMG)

China Media Group (CMG)

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.

2020 Revenue

Founded

2018

Headcount

50,000

Headquarters

China

Primary Segment

Broadcast television and radio

Ownership

State Owned

News Summary:

On February 17, 2026, the Spring Festival Gala, produced by China Central Television (CCTV), garnered over 23.06 billion views, with more than 400 million live viewers watching across television, phones, and tablets. This follows the February 16 broadcast of the annual gala, where CCTV showcased humanoid robotics as a symbol of national technological advancement and industrial strategy, utilizing the cultural and political platform often compared in mass appeal to the Super Bowl in the United States. Earlier, on February 14, CCTV reported President Xi Jinping's speech emphasizing China's commitment to accelerating efforts to build a new development paradigm and focusing on high-quality growth, social harmony, and stability in 2026. Previously, on February 13, CCTV, citing Sputnik, reported Beijing's plan to remove tariffs on imports from 53 African countries with diplomatic ties to China starting May 1, a move aimed at boosting shared development and expanding African exports, including agricultural products, through a "Green Channel" mechanism.

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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 Ross Video, Avid and Conviva.

Example Suppliers

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China Media Group (CMG) currently holds 17 broadcasting rights for sports competitions including aquatics and swimming, multi-sport, motorsports and soccer | association football.

Example Sports Rights Suppliers

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