Radio and Television Station of Shanghai (RTS), a Shanghai-based state media outlet, and its wholly owned subsidiary, Shanghai Media Group (SMG), represent one of the largest state-owned media conglomerates of the People's Republic of China, with the most complete portfolio of media and related businesses.
History
Formed in 2001, SMG is the result of a merger between the People's Radio Station of Shanghai, East Radio Shanghai, Shanghai Television, and Oriental Television. In 2003 the group conducted a feasibility study with a view to set up a new English channel.[1] It renamed its Shanghai Broadcasting Network to Dragon TV and moved that channel's best-known English program "News at Ten" to Shanghai Television Business Channel and Dragon TV.[2] In January 2008, the Group launch a 24-hour English TV news channel, (ICS – International Channel Shanghai), the second in China after the state-owned China Central Television's English channel (CCTV-9).[3] The content of ICS News is distributed on mobile and internet platforms by US Company China Animation Partners, LLC.