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Phoenix Television
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Key Information
| Country | China |
|---|---|
| Broadcast area | Worldwide |
| Programming | |
| Picture format | HDTV 1080i |
| Ownership | |
| Owner | Phoenix Television |
| Sister channels | Phoenix InfoNews Channel Phoenix Chinese News and Entertainment Channel Phoenix North America Chinese Channel Phoenix Movies Channel Phoenix Hong Kong Channel |
| History | |
| Launched | 31 March 1996 |
| Replaced | Star Chinese Channel |
| Phoenix Chinese Channel | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Traditional Chinese | 鳳凰衛視中文台 | ||||||||||
| Simplified Chinese | 凤凰卫视中文台 | ||||||||||
| |||||||||||
| Alternative Chinese name | |||||||||||
| Traditional Chinese | 鳳凰衛視 | ||||||||||
| Simplified Chinese | 凤凰卫视 | ||||||||||
| |||||||||||
Phoenix Television is a majority state-owned television network that operates Mandarin and Cantonese-language channels serving mainland China, Hong Kong, Macau, and other regions with significant Chinese-speaking audiences. It is headquartered in Shenzhen and Hong Kong and is also registered in the Cayman Islands.[1]
The network was founded by Liu Changle (劉長樂), who previously served as an officer and political instructor in the People's Liberation Army with the 40th Group Army.[2] Following the Cultural Revolution, Liu worked as a journalist for the Chinese Communist Party (CCP)-controlled China National Radio and maintained close ties with the CCP leadership.[3] He is also a standing member of the National Committee of the Chinese People's Political Consultative Conference.[4]
Phoenix Television identifies itself as a Hong Kong media organisation,[5] but it holds a non-domestic television programme services licence in Hong Kong.[6] The majority of its customers and non-current assets are located in mainland China.[7] Its largest shareholder is Bauhinia Culture, a company wholly owned by the Chinese government.[8] Freedom House characterises Phoenix Television as pro-Beijing,[9] while Stephen McDonell of BBC News noted that it is "sometimes more liberal than its mainland counterparts".[10]
The company's head offices are located in Shenzhen, Guangdong, and Tai Po, Hong Kong, with correspondent offices in Beijing and Shanghai. The Shenzhen office produces about half of its television output.[11]
History
[edit]Phoenix Television originated as a joint venture between Star TV in Hong Kong, a private company in China, and China Central Television.[12]
The Phoenix Chinese Channel was launched on 31 March 1996, replacing Star Chinese Channel in Hong Kong and mainland China.[13] Broadcasts in Singapore began on 1 December 1996 via the Singapore Cable Vision network. In its early years, the Phoenix Chinese Channel also carried Mandarin-dubbed American series during primetime hours, including The X-Files and Baywatch.[14]
Phoenix CNE began broadcasting in Europe, while the Phoenix North America Chinese Channel launched for audiences across the Americas. In 2005, a California-based broadcast and engineering director for the network, Tai Wang Mak, was arrested for conspiring with his brother, Chi Mak, to act as an intelligence agent for China.[15] He was sentenced to ten years in prison in 2008.[16][17]
On 28 March 2011, Phoenix Television launched the Phoenix Hong Kong Channel, which broadcasts exclusively in Cantonese.[18]
On 31 March 2011, Phoenix InfoNews Channel was recognised with a Peabody Award for its "Report on a New Generation of Migrant Workers in China".[19]
In 2011, Phoenix New Media partnered with the BBC to distribute the broadcaster's programmes on its digital media platforms. In 2012, it entered into a similar agreement with the National Film Board of Canada, under which 130 animated shorts and documentary films were made available digitally in China.[20]
In October 2013, 21st Century Fox sold its 12.15% stake in Phoenix Television (held through Star) to TPG Capital for HK$1.66 billion (US$213 million).[21][22][23]
In February 2016, Phoenix Television broadcast forced confessions of kidnapped Hong Kong booksellers.[24][25][9]
In June 2020, the FCC ordered XEWW-AM, owned by Phoenix Television, to cease broadcasting in the United States.[26]
The Taiwanese government designated Phoenix Television as a Chinese government-funded company in April 2022 and required it to cease operations in Taiwan.[27]
During the Russian invasion of Ukraine, a Phoenix Television reporter was among the few foreign journalists to embed with the Russian military.[28]
Corporate governance
[edit]Ownership
[edit]At its launch, Star TV and a private company in China each held 45% of Phoenix Television, while state broadcaster China Central Television owned the remaining 10%.[12]
The shares held by the original News Corporation (and later 21st Century Fox) through Star were gradually reduced over the years. In October 2013, 21st Century Fox sold its remaining stake to TPG Capital.[29][21][22][23]
According to the company's 2018[needs update] annual report, its ownership structure was as follows:[1]
| Name | Shares | Percentage | Note |
|---|---|---|---|
| Today's Asia Limited | 1,854,000,000 | 37.13% | Wholly owned by Liu Changle. |
| Extra Step Investments Limited | 983,000,000 | 19.69% | A company owned by China Mobile Hong Kong, which is a part of state-owned China Mobile. |
| TPG China Media, L.P. | 607,000,000 | 12.16% | Part of TPG Capital, beneficially controlled by David Bonderman and James Coulter.[1] |
| China Wise International Limited | 412,000,000 | 8.25% | Owned by Bank of China, which is controlled by Central Huijin Investment, a subsidiary of the sovereign wealth fund China Investment Corporation, which reports to the State Council of the People's Republic of China. |
In April 2021, Liu Changle sold most of his shares to the state-owned publisher Bauhinia Culture and Shun Tak Holdings.[30][31]
Management
[edit]Liu Changle (劉長樂), founder and CEO of Phoenix Television, previously worked as a journalist for the Chinese Communist Party-controlled China National Radio following the Cultural Revolution. By the 1990s, he had become one of China's wealthiest individuals and maintained strong connections to the Beijing leadership.[2][3]
Shuang Liu (刘爽) was appointed chief operating officer (COO) of Phoenix Television on 17 February 2014. He also serves as CEO of Phoenix New Media Ltd (NYSE: FENG), a Chinese digital media company.[32]
Chung Pong, a former director of Phoenix Television news, testified under oath that the network's programming was "subject to the dictates of the leadership of the Central Communist Propaganda Department, Central Communist Overseas Propaganda Office, and the Ministry of Foreign Affairs."[33]
See also
[edit]References
[edit]- ^ a b c "Annual Report" (PDF). 2018. pp. 137–138. Archived (PDF) from the original on 6 June 2021. Retrieved 9 April 2020.
- ^ a b Zhang, Wenxian; Wang, Huiyao; Alon, Ilan (6 May 2011). Entrepreneurial and Business Elites of China: The Chinese Returnees Who Have Shaped Modern China. Emerald Group Publishing. p. 98. ISBN 978-0-85724-089-7. OCLC 860625448. Archived from the original on 3 August 2020. Retrieved 9 April 2020.
- ^ a b Pan, Philip P. (19 September 2005). "Making Waves, Carefully, on the Air in China". The Washington Post. ISSN 0190-8286. Archived from the original on 14 July 2017. Retrieved 9 April 2020.
- ^ "Liu Changle". World Economic Forum. Archived from the original on 3 March 2020. Retrieved 9 April 2020.
- ^ "'Do you work for China?': Trump confronts Hong Kong-based reporter during coronavirus briefing". Washington Examiner. 7 April 2020. Archived from the original on 29 April 2020. Retrieved 28 April 2020.
- ^ "Non-domestic Television Programme Service". Communications Authority. Archived from the original on 18 October 2021. Retrieved 28 April 2020.
- ^ "Annual Results Announcement for the Year Ended 31 December 2019" (PDF). Archived (PDF) from the original on 25 October 2021. Retrieved 28 April 2020.
- ^ "打造文化旗舰!紫荆文化集团在深圳发布多个重磅文化项目". www.163.com (in Chinese). 22 September 2021. Archived from the original on 24 September 2021. Retrieved 4 August 2024.
- ^ a b Cook, Sarah (4 May 2017). "Chinese Government Influence on the U.S. Media Landscape" (PDF). United States-China Economic and Security Review Commission. Archived (PDF) from the original on 13 April 2020. Retrieved 11 April 2020.
- ^ Stephen McDonell (16 May 2016). "Cultural Revolution: No desire to dwell on the past". BBC News. Archived from the original on 21 January 2022. Retrieved 21 January 2022.
- ^ "Half of Phoenix Television programs are produced in Shenzhen" (in Chinese). ifeng.com. 26 March 2010. Archived from the original on 20 July 2011. Retrieved 21 May 2010.
- ^ a b Farley, Maggie (23 February 1996). "Star TV, Chinese Firm Reportedly in Joint Venture". Los Angeles Times. Archived from the original on 6 June 2021. Retrieved 31 December 2018.
- ^ 张林 (2016). 凤凰卫视这些年 (in Chinese). 现代出版社. pp. 19、45、51. ISBN 978-7514333930.
- ^ "X-Files in Chinese on cable TV". The Straits Times. 30 November 1996. Archived from the original on 23 December 2023. Retrieved 23 December 2023.
- ^ Grier, Peter (30 November 2005). "Spy case patterns the Chinese style of espionage". Christian Science Monitor. ISSN 0882-7729. Archived from the original on 1 September 2022. Retrieved 5 September 2022.
- ^ Bill Gertz (18 September 2006),ENEMIES Archived 3 May 2014 at the Wayback Machine The Washington Times
- ^ Josh Gerstein (22 April 2008), Chinese Spy Sentenced to 10 Years in Prison Archived 3 May 2014 at the Wayback Machine The New York Sun
- ^ "凤凰卫视将开播香港台 以广东话进行广播". Archived from the original on 16 February 2011. Retrieved 15 March 2011.
- ^ "Complete list of 2011 Peabody Awards". Star Tribune. 31 March 2011. Archived from the original on 21 January 2022.
- ^ Kushigemachi, Todd (12 June 2012). "Canucks find first TV niche in China". Variety. Archived from the original on 16 June 2012. Retrieved 13 June 2012.
- ^ a b Tan, Clement "TPG pays Murdoch unit $214 million for Chinese media company stake Archived 22 December 2017 at the Wayback Machine" Reuters 19 October 2013
- ^ a b Joshua, Fellman "TPG China Media Buys Remaining Fox Stake in Phoenix Satellite TV Archived 2 January 2019 at the Wayback Machine" Bloomberg L.P. 18 October 2013
- ^ a b Frater, Patrick "21st Century Fox Sells Phoenix Stake Archived 2 January 2019 at the Wayback Machine" Variety 22 October 2013
- ^ "HK bookseller: TV confession 'forced'". BBC News. 16 June 2016. Archived from the original on 2 November 2019. Retrieved 11 April 2020.
- ^ Zheping, Huang (1 August 2016). "China is using Hong Kong's media to broadcast its smear campaigns". Quartz. Archived from the original on 13 April 2020. Retrieved 11 April 2020.
- ^ Shepardson, David (22 June 2020). "FCC orders radio station in Mexico to halt broadcast of Chinese programs to U.S." Reuters. Archived from the original on 23 June 2020. Retrieved 22 June 2020.
- ^ "Phoenix TV faces closure in Taiwan". Taipei Times. Agence France Presse. 7 April 2022. Archived from the original on 6 April 2022. Retrieved 7 April 2022.
- ^ Carey, Alexis (16 March 2022). "Chinese reporter Lu Yuguang only foreign journalist working from Russia's 'frontline'". news.com.au. Retrieved 22 October 2022.
- ^ "TPG to Acquire 21st Century Fox's Stake in Phoenix Satellite Television Holdings Limited Archived 2 January 2019 at the Wayback Machine" (press release). TPG Capital; 21st Century Fox. Business Wire. 18 October 2013
- ^ Ng, Eric (18 April 2021). "Phoenix founder Liu sells shares to Beijing-backed publisher, Pansy Ho firm". South China Morning Post. Archived from the original on 25 May 2021. Retrieved 25 May 2021.
- ^ "Publishing, Media Takeovers Part of China's Two-Pronged Grip on Hong Kong". Radio Free Asia. 10 May 2021. Archived from the original on 25 May 2021. Retrieved 25 May 2021.
- ^ "凤凰新媒体 Phoenix New Media - Investor Relations - Company News". ir.ifeng.com. Archived from the original on 16 April 2014. Retrieved 27 November 2017.
- ^ Everington, Keoni (17 April 2020). "CCP reporter who told Trump he was from Taiwan faces stiff fine". Taiwan News. Archived from the original on 20 April 2020. Retrieved 18 April 2020.
External links
[edit]Phoenix Television
View on GrokipediaHistory
Founding and Initial Launch (1996–2000)
Phoenix Satellite Television Holdings Limited was established on 31 March 1996 by Liu Changle, a former journalist with ties to mainland Chinese state media, through his controlled entity Today's Asia Limited (93.3% owned by him), in partnership with Satellite Television Asian Region Limited (a News Corporation subsidiary via Star TV) and China Wise International Limited (a Hong Kong-registered firm linked to Chinese interests).[11] This joint venture structure reflected an early blend of international capital and Chinese governmental alignment, enabling satellite broadcasting approvals in mainland China despite foreign ownership restrictions.[12] The founding aimed to deliver Mandarin-language content to overseas Chinese communities, emphasizing cultural connection over adversarial Western media narratives prevalent in other outlets like the BBC.[13] The inaugural Phoenix Chinese Channel launched on the same date, replacing the prior Star Chinese Channel and transmitting via satellite to audiences in Hong Kong, mainland China, Taiwan, and Southeast Asia, with initial programming focused on news, entertainment, and variety shows produced in Hong Kong studios.[13][14] Broadcasts prioritized high-quality Chinese-language material, including imported films and local productions, to foster unity among diaspora viewers amid post-handover uncertainties in Hong Kong.[13] By late 1996, the channel had secured landing rights in key markets, reaching an estimated 300 million potential viewers through rebroadcast agreements, though actual penetration depended on satellite dish access in regulated areas like China.[15] In August 1998, Phoenix expanded with the Movies Channel, debuting on 28 August as mainland China's first pay-TV movie service, featuring a mix of Hollywood imports, Chinese blockbusters, and thematic blocks to appeal to urban subscribers via encrypted signals.[16] This addition diversified revenue through subscriptions and advertising, targeting affluent households in restricted media environments.[16] Operations during this period relied on Hong Kong as the base for content creation and transmission, navigating geopolitical tensions by aligning editorial tones with Beijing's preferences to maintain access.[11] The company achieved public listing on the Hong Kong Stock Exchange's Growth Enterprise Market in June 2000, raising capital amid Asia's economic recovery and marking a milestone in its shift toward commercial scalability while retaining foundational partnerships.[17] By 2000, Phoenix operated two channels with growing viewership in Chinese expatriate hubs, though financial reports highlighted challenges from piracy and competition with state broadcasters.[11]Growth and Expansion (2001–2010)
In early 2001, Phoenix Satellite Television significantly broadened its offerings by launching two new channels targeted at distinct audiences. On January 1, the Phoenix InfoNews Channel debuted as a 24-hour Mandarin-language service focused on international news, financial updates, and analysis, marking the company's first dedicated all-news outlet.[18] Simultaneously, the Phoenix North America Chinese Channel commenced broadcasting on the same date, establishing a U.S.-based operation near Los Angeles to deliver localized content, including news, dramas, and talk shows, via satellite providers such as EchoStar and DirecTV, thereby extending reach to overseas Chinese communities in the Americas.[19][20] These launches represented a strategic pivot toward specialized programming and diaspora markets, building on the core Phoenix Chinese Channel established in 1996. Throughout the mid-2000s, Phoenix continued infrastructural and geographic expansion to support growing operations. In 2006, the company inaugurated a new headquarters in Tai Po, Hong Kong's New Territories, enhancing production capabilities for its expanding multichannel network.[2] This period also saw increased retransmission agreements in mainland China, where regulatory approvals allowed broader cable distribution, contributing to audience growth amid rising demand for international Chinese-language media. Business reports from the era highlighted reinforced access to Chinese viewers, with operating expansions tied to new media and satellite infrastructure investments.[21] By the late 2000s, further international tailoring emerged, including the September 2009 launch of the Phoenix Chinese Channel Japan Edition, adapting content for Japanese cable and satellite audiences to capitalize on regional Chinese expatriate populations. Overall, these developments transformed Phoenix from a single-channel broadcaster into a multinational entity with enhanced technical footprints, though growth was moderated by dependencies on Chinese regulatory environments and competition from state media. Annual filings noted steady revenue from advertising and subscriptions, underscoring the viability of this expansion phase.[22]Recent Developments and Challenges (2011–Present)
In the 2010s, Phoenix Television underwent a progressive consolidation of ownership toward entities linked to the People's Republic of China, reducing foreign influence from prior shareholders like News Corporation, whose stake via Star TV was gradually divested. By 2018, principal shareholders included Beijing-connected firms such as China Wise International, reflecting a strategic alignment with mainland interests amid Hong Kong's evolving political landscape. This shift coincided with operational challenges, including a 2016 broadcast of coerced confessions from detained Hong Kong booksellers, which drew international scrutiny for complicity in propaganda efforts.[5] Financial pressures intensified during this period, with the broadcaster reporting persistent operating losses despite revenue from advertising and subscriptions; for instance, group-wide losses reached HK$245.3 million (approximately US$31.4 million) in recent filings, attributed to declining traditional TV viewership amid digital competition and cord-cutting trends. Efforts to expand included a 2016 application for a free-to-air license in Hong Kong, which raised alarms about potential mainland media encroachment but ultimately highlighted regulatory hurdles in a market wary of Beijing's influence. Internationally, Phoenix faced expulsion risks in Taiwan, where authorities warned of delisting its services in 2022 over perceived pro-Beijing bias and failure to liberalize media investments for Chinese entities.[5][23][7] The imposition of Hong Kong's National Security Law in June 2020 reshaped the media environment, benefiting Phoenix as a pro-establishment outlet while independent voices diminished; it positioned itself as a counter to perceived "soft resistance" in local media, emphasizing balanced coverage aligned with central government narratives on events like the 2019 protests. Post-NSL, Phoenix maintained operations with enhanced self-censorship protocols common in the sector, yet encountered broader industry headwinds such as platform digitization and audience fragmentation. By 2025, initiatives included partnerships like the Hong Kong Financial New Frontiers Cooperation with the Treasury Bureau and celebrations of free-to-air broadcasting milestones, signaling adaptation through event-driven content and mainland-focused reporting.[24][25][26]Ownership and Governance
Ownership Structure and Evolution
Phoenix Television was founded on 31 October 1996 by Liu Changle, a former People's Liberation Army political officer and journalist, who established it as Phoenix Satellite Television Company Limited with initial backing from international investors including Star TV (affiliated with Rupert Murdoch's News Corporation).[27][5] Liu retained significant control through personal holdings and related entities, while the company listed on the Hong Kong Stock Exchange's Growth Enterprise Market in June 2000 under Phoenix Satellite Television Holdings Limited (stock code 0823, later transferred to the main board as 2008).[28] Early ownership featured gradual divestments by foreign stakeholders; News Corporation's stake, inherited by 21st Century Fox, was fully sold in October 2013 when Fox offloaded its remaining 12.15% interest to TPG Capital, reducing Western influence.[29] Concurrently, mainland Chinese state-linked entities increased their positions, with China Mobile Communications Group Co., Ltd. accumulating approximately 19.68% and the Ministry of Finance of the People's Republic of China holding 21% by the early 2010s, reflecting growing Beijing-aligned capital in the publicly traded structure.[30] Liu Changle personally controlled about 38.08% via investment vehicles like Today's Asia as of 2021.[31] A pivotal shift occurred in April 2021 when Liu agreed to sell nearly his entire stake for HK$1.156 billion: 21% (1.05 billion shares) to Bauhinia Culture Holdings, a Beijing-based entity wholly owned by the state-controlled China Publishing Group under the Ministry of Finance, and 16.93% to Common Sense Ltd., a subsidiary of Shun Tak Holdings owned by Pansy Ho (daughter of Macau casino magnate Stanley Ho).[29][31] This deal, completed by June 2021, positioned Bauhinia Culture as the largest shareholder, amplifying direct People's Republic of China governmental oversight, with no major subsequent alterations reported through 2025; state-backed holdings, including Bauhinia and prior PRC entities, now dominate the ownership pyramid.[5][7] The company was renamed Phoenix Media Investment (Holdings) Limited in 2018 to reflect diversified assets beyond broadcasting.[32]Management and Key Executives
Xu Wei has served as Chairman and Chief Executive Officer of Phoenix Media Investment (Holdings) Limited, the parent company of Phoenix Television, since June 22, 2021.[33] In this role, Xu oversees strategic direction and operations, emphasizing the broadcaster's positioning in Hong Kong with a global outlook amid evolving media landscapes.[34] Sun Yusheng acts as Deputy Chief Executive Officer, Editor-in-Chief, and Executive Director, a position he has held since June 22, 2021.[33] Sun, aged 64 as of 2025, leads editorial content and news operations, drawing on prior experience in media leadership.[35] The management team includes Chief Operating Officer Li Qi, appointed in May 2023, who manages day-to-day broadcasting and technical functions.[35] Ka Keung Yeung serves as Director of Finance and Chief Financial Officer, handling financial oversight at age 66.[36]| Position | Name | Appointment Date | Key Responsibilities |
|---|---|---|---|
| Chairman and CEO | Xu Wei | June 22, 2021 | Strategic leadership and operations [33][34] |
| Deputy CEO and Editor-in-Chief | Sun Yusheng | June 22, 2021 | Editorial and news direction [33][35] |
| Chief Operating Officer | Li Qi | May 2023 | Operational and technical management [35] |
| CFO | Ka Keung Yeung | N/A | Financial management [36] |
