Phoenix Satellite Television Holdings

Phoenix Satellite Television Holdings Limited is a Hong Kong-based investment holding company engaged in television broadcasting. The Company provides Chinese communities around the world with a continuous stream of Chinese-language programming, ranging from entertainment and talk shows through news and information about developments around the globe. The Company operates in four business segments: Television broadcasting, which includes broadcasting of television programs and commercials; program production and ancillary services; new media, which includes provision of Website portal, and value-added telecommunication services, and other activities which includes merchandising services, magazine publication and distribution and other related services. The Company has five broadcasting channels: Phoenix Chinese Channel; Phoenix InfoNews Channel; Phoenix Movies Channel; Phoenix North America Chinese Channel, and Phoenix Chinese News and Entertainment Channel.