April 26, 2018 6:40 PM ET

Media

Company Overview of Shanghai Media Group

Company Overview

Shanghai Media Group operates in the media and cultural industries in China. The company operates radio, television (TV), signal transmission, and digital pay TV channels; publishes newspapers and magazines; and offers mobile TV, IPTV, online and console gaming, digital advertising, home shopping and e-commerce, OTT and streaming, home shopping and e-commerce, Web portals, and apps and cloud services. It also provides financial data and information, children’s arts training, TV post-production, live entertainment, drama and film production and distribution, tourism and cultural investments, etc. Shanghai Media Group has approximately 15 cable and satellite TV networks, 13 radio frequencies, ...

298 Weihai Road

Shanghai,  200041

China

Phone:

86 21 2200 5899

Key Executives for Shanghai Media Group

President
Age: 64
Compensation as of Fiscal Year 2017.

Shanghai Media Group Key Developments

Jaunt Inc. Announces the Launch of Jaunt China in Partnership with Shanghai Media Group and China Media Capital

Jaunt Inc. announced the launch of Jaunt China, a new China based virtual reality (VR) company formed in partnership with Shanghai Media Group (SMG) and China Media Capital (CMC). Currently operational, Jaunt China is actively filming and producing high quality professional VR content in China, aimed for a global audience. Jaunt China will take advantage of Jaunt’s proven, end-to-end VR solution and the rich content libraries of SMG and CMC to create VR experiences across travel, adventure, narrative, music and sports. Initial programming will include VR content such as 'The Voice of China', virtual tours of Shanghai, and music from the band SNH48. Jaunt China will partner with additional brands, creatives and content partners throughout Asia. Jaunt China is actively producing content now using the company’s Jaunt ONE camera, the first professional grade VR camera designed specifically for VR creators. Content is then composed and processed using Jaunt’s professional cloud based rendering pipeline, Jaunt Cloud Services (JCS), which is running on Amazon Web Services (AWS) in China for rendering and processing. In addition to this new Chinese joint venture, SMG will also invest in Jaunt’s US operation as the company positions themselves for continued growth to meet the unprecedented demand for virtual reality around the world.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
November 3, 2017
Shanghai Oriental Pearl International Advertising Co., Ltd.
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