China Media Group, also known as CMG, is a state-owned entity headquartered in China. Founded in 2018 through a strategic merger of China Central Television (CCTV), China National Radio (CNR), and China Radio International (CRI), the company employs approximately 50,000 individuals and reported $5.8B in revenue as of 2023. Operating as a unified holding company under the Central Publicity Department of the Chinese Communist Party, CMG functions as the primary vehicle for domestic public discourse and China's global media outreach, focusing on media convergence to deliver content across digital, mobile, and traditional broadcast channels.
On September 3, 2026, the Chinese yuan strengthened to 6.7807 against the U.S. dollar, as reported by the CCTV Video News Agency. This followed an August 31 incident where a social media account affiliated with Chinese state broadcaster CCTV published an attack on U.S. artificial intelligence company Anthropic, accusing it of overstepping user data boundaries and setting two conditions for Washington to meet before substantive U.S.-China talks on AI safety could proceed. Earlier, on July 23, state broadcaster CCTV reported that China’s engagement with the 2026 FIFA World Cup generated over 70 billion cumulative cross-media views, with official football lottery sales reaching RMB83.3 billion ($11.6 billion) during the tournament despite the national team’s absence. On July 13, China Media Group (CMG) aired an interview featuring a Chinese expedition leader who presented archival records, using a decades-old piece of amateur radio history as evidence that the Philippines once formally acknowledged Huangyan Dao was not within its territory.
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Examples of China Media Group's suppliers include Avid, Unilumin Group and Ross Video.
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China Media Group currently holds 21 broadcasting rights for sports competitions including soccer | association football, multi-sport, winter sports, motorsports and aquatics and swimming.
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