
Si TV
Music News, Interviews, Live Concerts, Photos, Music Videos - Fuse.
Date | Investors | Amount | Round |
---|---|---|---|
investor investor | €0.0 | round | |
investor investor investor | €0.0 | round | |
$40.0m | Late VC | ||
Total Funding | 000k |
Operating as a key new media entity under the vast umbrella of the Shanghai Media Group (SMG), Shanghai Interactive Television Co. Ltd. (SiTV) has carved out a significant position in China's digital media landscape. Established on December 31, 2001, SiTV is a foundational component of SMG's strategy to navigate the convergence of broadcasting, telecommunications, and the internet. The company functions as a major digital television content provider and one of the largest integrators for the digital cable network market in the nation.
SiTV's core business revolves around the integration and operation of digital pay-TV channels, alongside providing interactive video-on-demand (VOD) services. It stands as one of China's primary platforms for paid digital cable channels, curating and distributing a wide array of specialized content. The business model is centered on aggregating content and delivering it to consumers through various digital platforms, primarily generating revenue from subscription fees and potentially through advertising on its channels. The company's portfolio includes numerous self-integrated digital pay channels covering diverse themes. By 2012, SiTV was broadcasting dozens of channels, with a weekly update volume of hundreds of hours, and began incorporating Dolby Digital Plus audio to enhance the viewing experience on its high-definition channels.
The company serves a broad audience across China, leveraging its parent company's extensive reach. SMG, as a state-owned enterprise, is one of China's largest media conglomerates, operating numerous TV channels, radio frequencies, and new media platforms like IPTV and mobile TV. SiTV plays a crucial role in this ecosystem by managing the digital pay-TV and VOD segments. It operates a national digital TV integration platform, which not only carries its own channels but also acts as an agent for other local and external pay-TV channels, HD channels, and even shopping channels. This positions SiTV as a critical content aggregator and industrial operator within the digital new media value chain.
Keywords: digital television, content integration, pay-TV, video-on-demand, media content provider, Shanghai Media Group, China, cable network, new media, digital content, interactive television, broadcasting, subscription services, content distribution, digital media operator, high-definition channels, IPTV, professional channels, media conglomerate, television services