Shenzhen Media Group, also known as SZMG, is a state-owned media conglomerate headquartered in China. Founded in June 2004 through the merger of Shenzhen Television, Shenzhen Radio, and other local media assets, the company employs approximately 70 individuals and reported $379.3M in revenue as of 2023, functioning as a tier 1 media tech buyer. The group operates as Shenzhen’s primary broadcaster and manages a comprehensive media ecosystem under the direction of the Shenzhen Municipal Committee. This ecosystem includes twelve television channels, such as the national Shenzhen Satellite TV, City Channel, News Channel, and Public Channel, in addition to four radio stations focused on news, music, traffic, and economic affairs. Beyond traditional broadcast television and radio, SZMG has expanded its operations into film and television production, digital media via its Zhinews (Straight News) platform, and international ventures, which include holdings in South Africa. The group emphasizes high-tech integration and cultural innovation, facilitating international communication within the Guangdong-Hong Kong-Macao Greater Bay Area.

2020 Revenue

Founded

2004

Headcount

66

Headquarters

China

Primary Segment

Broadcast television and radio

Ownership

State Owned

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Shenzhen Media Group offers 6 products in the media and telecoms services industry. Shenzhen Media Group's product portfolio comprises of broadcast television and radio.
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Shenzhen Media Group's revenues were less than $500M in 2023. Caretta Research has split Shenzhen Media Group's revenue into 2 different product categories, the largest of which is linear (local broadcaster). For full access to Shenzhen Media Group's revenue breakdown subscribe to Caretta Portal.
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Shenzhen Media Group currently holds broadcasting rights for sports competitions including ice hockey.

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