China Digital Media has the largest digital program content media resource pool in China, the largest interactive TV content provider in China, the largest 3G mobile TV content provider in China, the local cable digital TV network operation platform and the main interactive TV operation service platform facing the whole country.
China Digital Media has an IPTV operation license, and is the first in China to obtain a national integrated operation license for 3G mobile TV, and is vigorously promoting strategic cooperation with major communication operators in 3G mobile TV business.
Under the background of "triple play", China Digital Media plans to raise 720 million yuan to acquire broadband business assets of China Digital Netcom Information Port Co., Ltd., and formally expand from broadcasting business to broadband business. As of 20 12 12 3 1 2, the number of personal broadband users was 248,000.
On March 3, 20 14, China Digital Media announced the suspension of trading, which was due to Alibaba Group's shareholding. It is expected that Alibaba Group will eventually hold a 20% stake in China Digital Media, involving an amount of about 10 billion US dollars.
Business Development of Digital Media in China
Huashu Media is a cable digital TV network operator in Hangzhou, with more than 20 million digital TV users.
China Digital Media vigorously implements the strategy of "going out" and large-scale development, and realizes the business merger of cable TV networks in various cities in Zhejiang Province through marketization. The new business scope covers more than 6 million cable TV users in Zhejiang Province.
At the same time, with its own accumulation in interactive TV technology, content, application and operation, China Digital Media has established a strategic partnership of joint operation with radio and television networks in more than 25 cities including Beijing, Chongqing, Shaanxi, Anhui, Yunnan, Xinjiang, Hebei, Han, Xiamen, Fuzhou and Changzhou, and promoted the "Next Generation Radio and Television Network" (NGB
Baidu Encyclopedia-Zhejiang Huashu Broadcasting Network Co., Ltd.
Baidu Baike-Huashu Communication Network Co., Ltd.