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Phoenix Television

From Wikipedia, the free encyclopedia
(Redirected fromIfeng.com)
Chinese state-owned television network
This articlemay requirecopy editing for grammar, style, cohesion, tone, or spelling. You can assist byediting it.(May 2024) (Learn how and when to remove this message)
For the German television station, seePhoenix (German TV station).

Phoenix Media Investment (Holdings) Limited
Headquarters in Shenzhen
Native name
鳳凰衛視投資(控股)有限公司
Company typePublic;State-owned enterprise
SEHK2008
NYSEFENG
IndustryBroadcasting
Founded31 March 1996; 28 years ago (1996-03-31)
HeadquartersShenzhen,Guangdong, China
Tai Po,Hong Kong
Key people
Liu Changle (Founder; former chairman and chief executive officer),
Chui Keung (Deputy chief executive officer, Chief Compliance Officer),
Liu Shuang (Chief Operating Officer of Phoenix Satellite TV, CEO of Phoenix New Media)
ProductsTelevision content, Television programming
RevenueHK$3159m (2021)[1]
IncreaseHK$703m (2021)[1]
DecreaseHK$299m (2021)[1]
ParentBauhinia Culture
Websitewww.ifeng.comEdit this at Wikidata
Television channel
Phoenix Chinese Channel
CountryChina
Broadcast areaWorldwide
Programming
Picture formatHDTV1080i
Ownership
OwnerPhoenix Television
Sister channelsPhoenix InfoNews Channel
Phoenix Chinese News and Entertainment Channel
Phoenix North America Chinese Channel
Phoenix Movies Channel
Phoenix Hong Kong Channel
History
Launched31 March 1996
ReplacedStar Chinese Channel
Phoenix Chinese Channel
Traditional Chinese鳳凰衛視中文台
Simplified Chinese凤凰卫视中文台
Transcriptions
Standard Mandarin
Hanyu PinyinFènghuáng Wèishì Zhōngwén Tái
Yue: Cantonese
Jyutpingfung6 wong4 wai6 si6 zung1 man4 toi4
Alternative Chinese name
Traditional Chinese鳳凰衛視
Simplified Chinese凤凰卫视
Transcriptions
Standard Mandarin
Hanyu PinyinFènghuáng Wèishì
Yue: Cantonese
Jyutpingfung6 wong4 wai6 si6

Phoenix Television is a majoritystate-owned television network that offersMandarin andCantonese-language channels that servemainland China,Hong Kong,Macau, and other markets with substantial Chinese-language viewers. It is headquartered inShenzhen andHong Kong. It is also registered inCayman Islands.[2]

The founder of Phoenix TV, Liu Changle (劉長樂), was an officer and political instructor in thePeople's Liberation Army in its40th Group Army.[3] He later became a journalist for theChinese Communist Party (CCP)-controlledChina National Radio after theCultural Revolution and remains well-connected to the CCP's leadership.[4] Liu is a standing member of the National Committee of theChinese People's Political Consultative Conference.[5]

Phoenix Television calls itself aHong Kong media outlet[6] but holds a non-domestic television programme services license in Hong Kong.[7] Most of the company's customers and non-current assets come from mainland China.[8]Bauhinia Culture, a company wholly owned by theChinese government, is its largest shareholder.[9]Freedom House describes Phoenix Television as pro-Beijing.[10]Stephen McDonell ofBBC News described the outlet as "sometimes more liberal than its mainland counterparts".[11]

The company's head offices are located inShenzhen,Guangdong andTai Po,Hong Kong and it also has correspondent offices inBeijing andShanghai. The Shenzhen office is said to produce half its TV output.[12]

History

[edit]

What eventually became Phoenix Television started as a joint venture betweenStar TV inHong Kong, one private company in China, andChina Central Television.[13]

Phoenix Chinese Channel was launched on 31 March 1996. It replacedStar Chinese Channel inHong Kong andmainland China.[14] Broadcasts in Singapore started on 1 December 1996 via theSingapore Cable Vision network; in its early years, the Phoenix Chinese Channel also carried Mandarin-dubbed American series during primetime hours, such asThe X-Files andBaywatch.[15]

The Phoenix CNE channel broadcasts in Europe, while the Phoenix North America Chinese Channel goes out in the Americas. In 2005, aCalifornia-based broadcast and engineering director for the channel, Tai Wang Mak, was arrested for conspiring with his brother,Chi Mak, to act as an intelligence agent for China.[16] A 10-year prison sentence was announced in 2008.[17][18]

On 28 March 2011, Phoenix Television launched Phoenix Hong Kong Channel, broadcasting exclusively inCantonese.[19]

On 31 March 2011, Phoenix InfoNews Channel was announced as aPeabody Award winner for its "Report on a New Generation of Migrant Workers in China."[20]

In 2011, Phoenix New Media formed a partnership with theBBC to offer the British broadcaster's programming on Phoenix's digital media platforms. This was followed by a similar partnership with theNational Film Board of Canada in 2012, under which 130 NFB animated shorts and documentary films would be offered digitally in China.[21]

In October 2013, the 12.15% of shares in Phoenix Television held by21st Century Fox (through Star) were sold toTPG Capital for HK$1.66 billion (US$213 million).[22][23][24]

In February 2016, Phoenix Television broadcastforced confessions ofkidnapped Hong Kong booksellers.[25][26][10]In June 2020, the FCC orderedXEWW-AM, owned by Phoenix Television, to cease broadcasting.[27]

The Taiwanese government designated Phoenix as a Chinese government-funded company in April 2022, and required the company to end operations in Taiwan.[28]

During theRussian invasion of Ukraine, a Phoenix TV reporter was one of the only foreign journalists to embed with the Russian military.[29]

Corporate governance

[edit]

Ownership

[edit]

At launch, Star TV and a private sector company in China each owned 45% of the company, and state broadcasterChina Central Television owned the remaining 10%.[13]

The originalNews Corporation's (and subsequently21st Century Fox's) shares in Phoenix Television held through Star were gradually reduced over the years. Finally, 21st Century Fox sold its shares toTPG Capital in October 2013.[30][22][23][24]

According to the company's 2018[needs update] annual report, the company is owned by the following entities:[2]

NameSharesPercentageNote
Today's Asia Limited1,854,000,00037.13%A company beneficially owned by Liu Changle (100%).
Extra Step Investments Limited983,000,00019.69%A company owned byChina Mobile Hong Kong, which is a part of state-ownedChina Mobile.
TPG China Media, L.P.607,000,00012.16%Part ofTPG Capital and beneficially controlled byDavid Bonderman andJames Coulter.[2]
China Wise International Limited412,000,0008.25%China Wise is owned byBank of China, which is owned byCentral Huijin Investment, a subsidiary of the government'sChina Investment Corporation sovereign wealth fund, which reports to theState Council of the People's Republic of China.

In April 2021, Liu sold most of his shares to state-owned publisher Bauhinia Culture andShun Tak Holdings.[31][32] As of September 2024[update], theMedia and Journalism Research Center evaluated Phoenix Television to be "Captured Public or State Managed/Owned Media" under itsState Media Matrix.[33][34]

Management

[edit]

Liu Changle (劉長樂), CEO and founder of Phoenix TV, was a journalist for the Chinese Communist Party-controlled China National Radio after the Cultural Revolution and had become one of China's richest men by the 1990s, being well-connected to the Beijing leadership.[3][4]

Shuang Liu (刘爽) became COO of Phoenix TV on 17 February 2014. He continues to be the CEO of Phoenix New Media Ltd (NYSE: FENG), a new media company in China.[35]

Former director of Phoenix TV news Chung Pong testified under oath that Phoenix TV news' programing 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."[36]

See also

[edit]

References

[edit]
  1. ^abc"Annual Results Announcement for the Year Ended 31 December 2009"(PDF) (Press release). Phoenix Satellite Television Holdings Ltd. 18 March 2022.Archived(PDF) from the original on 19 April 2022. Retrieved19 April 2022.
  2. ^abc"Annual Report"(PDF). 2018. pp. 137–138.Archived(PDF) from the original on 6 June 2021. Retrieved9 April 2020.
  3. ^abZhang, 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. Retrieved9 April 2020.
  4. ^abPan, 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. Retrieved9 April 2020.
  5. ^"Liu Changle".World Economic Forum.Archived from the original on 3 March 2020. Retrieved9 April 2020.
  6. ^"'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. Retrieved28 April 2020.
  7. ^"Non-domestic Television Programme Service".Communications Authority.Archived from the original on 18 October 2021. Retrieved28 April 2020.
  8. ^"ANNUAL RESULTS ANNOUNCEMENTFOR THE YEAR ENDED 31 DECEMBER 2019"(PDF).Archived(PDF) from the original on 25 October 2021. Retrieved28 April 2020.
  9. ^"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. Retrieved4 August 2024.
  10. ^abCook, 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. Retrieved11 April 2020.
  11. ^Stephen McDonell (16 May 2016)."Cultural Revolution: No desire to dwell on the past".BBC News.Archived from the original on 21 January 2022. Retrieved21 January 2022.
  12. ^"Half of Phoenix Television programs are produced in Shenzhen" (in Chinese). ifeng.com. 26 March 2010.Archived from the original on 20 July 2011. Retrieved21 May 2010.
  13. ^abFarley, Maggie (23 February 1996)."Star TV, Chinese Firm Reportedly in Joint Venture".Los Angeles Times.Archived from the original on 6 June 2021. Retrieved31 December 2018.
  14. ^张林 (2016).凤凰卫视这些年 (in Chinese). 现代出版社. pp. 19、45、51.ISBN 978-7514333930.
  15. ^"X-Files in Chinese on cable TV".The Straits Times. 30 November 1996.Archived from the original on 23 December 2023. Retrieved23 December 2023.
  16. ^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. Retrieved5 September 2022.
  17. ^Bill Gertz (18 September 2006),ENEMIESArchived 3 May 2014 at theWayback MachineThe Washington Times
  18. ^Josh Gerstein (22 April 2008),Chinese Spy Sentenced to 10 Years in PrisonArchived 3 May 2014 at theWayback MachineThe New York Sun
  19. ^"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. Retrieved15 March 2011.
  20. ^"Complete list of 2011 Peabody Awards".Star Tribune. 31 March 2011.Archived from the original on 21 January 2022.
  21. ^Kushigemachi, Todd (12 June 2012)."Canucks find first TV niche in China".Variety.Archived from the original on 16 June 2012. Retrieved13 June 2012.
  22. ^abTan, Clement "TPG pays Murdoch unit $214 million for Chinese media company stakeArchived 22 December 2017 at theWayback Machine"Reuters 19 October 2013
  23. ^abJoshua, Fellman "TPG China Media Buys Remaining Fox Stake in Phoenix Satellite TVArchived 2 January 2019 at theWayback Machine"Bloomberg L.P. 18 October 2013
  24. ^abFrater, Patrick "21st Century Fox Sells Phoenix StakeArchived 2 January 2019 at theWayback Machine"Variety 22 October 2013
  25. ^"HK bookseller: TV confession 'forced'".BBC News. 16 June 2016.Archived from the original on 2 November 2019. Retrieved11 April 2020.
  26. ^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. Retrieved11 April 2020.
  27. ^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. Retrieved22 June 2020.
  28. ^"Phoenix TV faces closure in Taiwan".Taipei Times. Agence France Presse. 7 April 2022.Archived from the original on 6 April 2022. Retrieved7 April 2022.
  29. ^Carey, Alexis (16 March 2022)."Chinese reporter Lu Yuguang only foreign journalist working from Russia's 'frontline'".news.com.au. Retrieved22 October 2022.
  30. ^"TPG to Acquire 21st Century Fox's Stake in Phoenix Satellite Television Holdings LimitedArchived 2 January 2019 at theWayback Machine" (press release)TPG Capital;21st Century FoxBusiness Wire 18 October 2013
  31. ^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. Retrieved25 May 2021.
  32. ^"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. Retrieved25 May 2021.
  33. ^"Phoenix TV".State Media Monitor. Media and Journalism Research Center. 9 September 2024. Retrieved18 January 2025.
  34. ^"Typology".State Media Monitor. Media and Journalism Research Center. 25 May 2022.Archived from the original on 2 January 2025. Retrieved14 January 2025.
  35. ^"凤凰新媒体 Phoenix New Media - Investor Relations - Company News".ir.ifeng.com. Archived fromthe original on 16 April 2014. Retrieved27 November 2017.
  36. ^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. Retrieved18 April 2020.

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