Zhejiang Media Group

Zhejiang Media Group

Zhejiang Media Group, also known as ZRTG or Zhejiang Radio and Television Group, is a state-owned entity headquartered in China. Established in November 2001 and employing approximately 5,000 individuals, this tier 1 media tech buyer reported $1.2B in revenue as of 2023. The group functions as a comprehensive communication matrix, operating approximately 20 television and radio channels, led by its national satellite platform, Zhejiang Satellite TV (ZTV-1). The corporation integrates traditional broadcasting with high-tech production at the Zhejiang International Film and Television Centre, while simultaneously pursuing media convergence through its "China Blue Media Hub" and digital platforms like China Blue News and China Blue TV. Beyond content creation, its industrial reach extends to film investment via its listed subsidiary Zhejiang Huazhi Digital Media, international distribution through ZTV World, and specialized services in news, finance, and children's programming, serving both the Yangtze River Delta and global Chinese audiences.

2020 Revenue

Founded

2001

Headcount

5,000

Headquarters

China

Primary Segment

Broadcast television and radio

Ownership

State Owned

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Zhejiang Media Group offers 3 products in the media and telecoms services industry. Zhejiang Media Group's product portfolio comprises of media and TV services and broadcast television and radio.
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Zhejiang Media Group's revenues were over $1B in 2023. Caretta Research has split Zhejiang Media Group's revenue into 3 different product categories, the largest of which is linear (local broadcaster). For full access to Zhejiang Media Group's revenue breakdown subscribe to Caretta Portal.
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Zhejiang Media Group currently holds broadcasting rights for sports competitions including pool billiards.

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