Shenzhen Media Group, also known as SZMG, is a state-owned media conglomerate headquartered in China. Founded in 2004 through the merger of Shenzhen Television, Shenzhen Radio, and other local media assets, the company has approximately 70 employees and reported $467.0M in revenue as of 2023, functioning as a tier 2 media tech buyer. Operating under the direction of the Shenzhen Municipal Committee, SZMG serves as Shenzhen’s primary broadcaster within Guangdong Province and the "Silicon Valley of China." It manages a comprehensive media ecosystem that includes twelve television channels, such as the national Shenzhen Satellite TV, City Channel, News Channel, and Public Channel, alongside four radio stations specializing in news, music, traffic, and economic affairs. Beyond traditional broadcasting, the group is involved in film and television production, digital media through its Zhinews platform, and international ventures, including holdings in South Africa. The group focuses on high-tech integration and cultural innovation within the Guangdong-Hong Kong-Macao Greater Bay Area for international communication.

2023 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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