Phoenix Media Investment (Holdings) Limited is an investment holding company that provides satellite television broadcasting services in the People's Republic of China and internationally. It operates through five segments: Television Broadcasting, Internet Media, Outdoor Media, Real Estate, and Other Businesses. The Television Broadcasting segment broadcasts satellite television programs and commercials and provides promotion activities through Phoenix Chinese, Phoenix InfoNews, Phoenix Movies, Phoenix North America Chinese, Phoenix Chinese News and Entertainment, Phoenix Hong Kong, an integrated media operating platform, and other channels. The company was founded in 1996 and is headquartered in Tai Po, Hong Kong.