Southern New Media Development

Guangdong South New Media Co., Ltd., also known as New Media Co., Ltd., is a new media company under Guangdong Radio and Television that operates in the software and information technology services industry. The company's predecessor was the New Media Center of Guangdong TV, established in August 2006. Guangdong Southern New Media Development Co., Ltd. was officially established on July 12, 2010. It was restructured into a joint-stock company in July 2016 and was listed on the Shenzhen Stock Exchange's Growth Enterprise Market on April 19, 2019.

The company's core business revolves around IPTV and internet TV services. Its main services include "Xi Yue TV" (formerly Guangdong IPTV and Yue TV), an IPTV platform, and "Cloud Audiovisual," an internet TV service that collaborates with major content providers like Tencent Video, Bilibili, and others. It also provides value-added services for cable TV operators through its UTVGO platform. The business model focuses on providing a wide range of content, including live TV, on-demand video, and other interactive services to home users through broadband networks. It serves a user base of over 270 million people across its network.

New Media Co., Ltd. holds all the necessary licenses from the National Radio and Television Administration for internet video services. The company is headquartered in Guangzhou, China. The current chairman is Cai Fuqing, and the president is Yang Dejian.

Keywords: IPTV, internet television, new media, digital content, video on demand, streaming services, broadcast media, Guangdong, media operator, public company, Shenzhen Stock Exchange, digital media, cable television, content delivery, interactive television, cloud audiovisual, set-top box, smart TV applications, content licensing, media technology